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Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each
Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Fulton made 7,000 copies and paid a total of $470 in March; in May, the firm paid $410 for 5,000 copies. The company uses the high-low method to analyze costs. Fulton's variable cost per copy is: (Round your final answer to 3 decimal places.)
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