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The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $ 3,500 February 35,000 $ 3,200 March 60,000 $ 4,100 April 80,000 $ 5,100 May 85,000 $ 5,600 June 75,000 $ 4,800 July 82,000 $ 5,300 August 105,000 $ 6,000
Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places, e.g. 15.25.)
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