Question
Markson and Sons leases a copy machine with terms that include a fixed fee each month of $400 plus a charge for each copy made.
Markson and Sons leases a copy machine with terms that include a fixed fee each month of $400 plus a charge for each copy made. The company uses the high-low method to analyze costs. If Markson paid $550 for 5,000 copies and $390 for 3,000 copies, how much would Markson pay if it made 7,800 copies?
Total cost $?
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Auditing and Assurance Services
Authors: Timothy Louwers, Allen Blay, David Sinason, Jerry Strawser, Jay Thibodeau
7th edition
978-1259573286, 1259573281, 978-1260152166
