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The following are monthly totals taken from the log of a color photocopying machine used by the Kinlo's Printing Company. Cost was based on a

The following are monthly totals taken from the log of a color photocopying machine used by the Kinlo's Printing Company. Cost was based on a flat fee plus a declining cost per copy made after a minimum number of copies had been made each month.

Month

Number of Copies Made

Total Cost

January

35,200

$10,800

February

30,400

9,600

March

32,900

10,225

April

40,300

12,075

May

38,400

11,600

June

48,900

14,225

Use the charts provided to differentiate the variable and fixed costs in the use of this machine for future planning.

Use the high-low method to

(a) determine the variable cost per copy and

(b) compute the fixed and variable costs for the months of February and June.

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