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QUESTION 5 Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a
QUESTION 5 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 5,000 copies and paid a total of $470 in March; in May, the firm paid $350 for 3,000 copies. The company uses the high-low method to analyze costs. Fulton's monthly fixed fee is: (Do not round your intermediate calculations and round your final answer to nearest dollar amount.) A. $307 B. $170 C. $301 D. $297
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