Question: Can you explain this general accounting question using accurate calculation methods? Baxter & Co. rents a postage machine under an agreement that includes a fixed

Can you explain this general accounting question using accurate calculation methods?

Can you explain this general accounting question
Baxter & Co. rents a postage machine under an agreement that includes a fixed monthly fee plus a charge for each envelope processed. In January, the company processed 8,000 envelopes and paid $290. In March, it processed 12,000 envelopes and paid $370. Using the high-low method, compute the following: The variable cost per envelope The monthly fixed fee The total cost if the company processes 10,000 envelopes

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