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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
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 13,000 copies and paid a total of $470 in March; in May, the firm paid $420 for 10,000 copies. The company uses the high-low method to analyze costs.
How much would Swanson's pay if it made 12,100 copies? (Round your intermediate calculations to 3 decimal places final answer to 2 decimal places.)
$454.70.
$476.70.
$437.20
$537.20.
An amount other than those given above.
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