Swanson and Associates presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Swanson made 14,000 copies and paid a total of $400 in March; in May, the firm paid $350 for 10,000 copies. The company uses the high-low method to analyze costs.

Swanson's variable cost per copy is closest to (Round your final answer to 3 decimal places):

$0.013.

$0.024.

$0.026.

$0.029.

an amount other than those given above.

Swanson's monthly fixed fee is (Round your intermediate calculations to 3 decimal places final answer to nearest dollar amount):

$244.

$240.

$250.

an amount other than those given above.

$218.

How much would Swanson's pay if it made 12,000 copies? (Round your intermediate calculations to 3 decimal places final answer to 2 decimal places.)

An amount other than those given above.

$456.50.

$374.00.

$396.00.

$356.50