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10 10) Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fee each month and a charge for
10 10) Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fee each month and a charge for each copy made. Fulton made 7,000 copies and paid a to $360 in March; in May, the firm paid $280 for 5,000 copies. The company uses the high- method to analyze costs. Fulton's variable cost per copy is A) S0.056 B) S0.051 C) $0.040 D) $0.053. E) None of the answers is correct
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