Use the Following Information to Answer the Following Questions

question 64

Multiple Choice

Use the following information to answer the following Questions
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) $80.
• B) $102.
• C) $106.
• D) $112.
• E) None of the answers is correct.

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