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Technical Engineering presently leases a copy machine on a monthly basis. The lease agreement requires a fixed fee each month in addition to a charge
Technical Engineering presently leases a copy machine on a monthly basis. The
lease agreement requires a fixed fee each month in addition to a charge per copy.
Technical made 2,400 copies and paid a total of $162 in rent in September, and
in October they paid $195 for 3,500 copies.
37. Technical Engineering's variable cost per copy is calculated to be:
a. $0.07
b. $0.06
c. $0.04
d. $0.03
e. $0.05
Explain!!
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