Markson and Sons leases a copy machine with terms that include a fixed fee each month plus a charge for each copy made. Markson made 10,000 copies and paid a total of $690 in January. In April, they paid $450 for 6,000 copies. What is the variable cost per copy if Markson uses the high- low method to analyze costs? If required, round your answer to two decimal places. Variable cost $ per copy

Markson and Sons leases a copy machine with terms that include a fixed fee each month plus a charge for each copy made. Markson made 10,000 copies and paid a total of $690 in January. In April, they paid $450 for 6,000 copies. What is the variable cost per copy if Markson uses the high- low method to analyze costs? If required, round your answer to two decimal places. Variable cost $ per copy

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 11EA: Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge...

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