Question: Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each

Fulton and Sons, Inc. presently leases a copy machine under an

Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Fulton made 7,000 copies and paid a total of $360 in March; in May, the firm paid $280 for 5,000 copies. The company uses the high-low method to analyze costs. Based on the above information, how much would Fulton pay if it made 4,500 copies? Select one: A. $260. B. $322. C. $300. O D. $292.50. E. None of the answers is correct. o

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