C. $382.00
Variable cost per unit = (High − Low costs) / (High − Low Units) = ($420 − $380) / (9,000 − 5,000) = $0.010 per copy
Fixed costs = $420 - (9,000 × $0.010) = $330
Total cost @ 5,200 copies = (Units × Variable cost per unit) + Fixed costs
Total cost @ 5,200 copies = (5,200 × $0.010) + $330
Total cost @ 5,200 copies = $382.00
Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a...
LO 2.3Markson and Sons leases a copy machine with terms that include a fixed fee each month of $500 plus a charge for each copy made. The company uses the high-low method to analyze costs. If Markson paid $360 for 5.000 copies and $280 for 3,000 copies how much would Markson pay if it made 7.500 copies ?
LO 2.3Markson and Sons leases a copy machine with terms that include a fixed fee each month of $500 plus a charge for each copy made. The company uses the high-low method to analyze costs. If Markson paid $360 for 5.000 copies and $280 for 3,000 copies how much would Markson pay if it made 7.500 copies ?
2. Brock Morton has a fast-food franchise and on sales in terms of cost behavior, feed pay c chief of 543.000 ep fixed cost. Derrible con E. curvilinear cost Felton and Sons, Ine presently see a copy machine under an agree that the forsed fee each month and a charge for each copy Pulton made 7.000 5360 in March in May, the paid $20 for 3,000 copies. The company was method to analyze costs 3. Palton's variable cont per copy...