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.Fulton's monthly fixed fee is:
A. $106.
B. $80.
C. $112.
D. $102.
E. None of the answers is correct.
Answer: B
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