111 96% 3:11 PM Menu e glenn vaca- IV photocopies per month at its mid-towrn service center. Approximately 60 percent of the photocopies require collating. Collating is currently performed by high school and college students who are paid $10 per hour. Each student collates an average of 5,000 copies per hour. Management is contemplating the lease of an automatic collating machine that has a monthly capacity of 5,000,000 photocopies, with lease and operating costs totaling $985, plus $0.03 per 1,000 units collated (a) Determine the total costs of collating 500,000 and 1,500,000 per month: 1. With student help: 500,000 0 1,500,000 0 2. With the collating machine: 500,000 0 1,500,000 0