The Following Are Monthly Totals Taken from the Log of a Color

question 155

Essay

The following are monthly totals taken from the log of a color photocopying machine used by the Kinlo's Printing Company.Cost was based on a flat fee plus a declining cost per copy made after a minimum number of copies had been made each month.
$$\begin{array} { l r r } & \text { Number of Copies } & \\\text { Month } & \text { Made } & \text { Total Cost } \\\text { January } & 35,200 & 110,800 \\\text { February } & 30,400 & 9,600 \\\text { March } & 32,900 & 10,225 \\\text { April } & 40,300 & 12,075 \\\text { May } & 38,400 & 11,600 \\\text { June } & 48,900 & 14,225\end{array}$$ To differentiate the variable and fixed costs in the use of this machine for future planning,use the high-low method to (a)determine the variable cost per copy and (b)compute the fixed and variable costs for the months of February and June.

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Definitions:

Aristotle

An ancient Greek philosopher and scientist who made significant contributions to logic, metaphysics, ethics, politics, and natural sciences.

Hedonism

The conception of the good life that takes pleasure to be the ultimate good.

Ethical Relativism

The thesis that whatever a culture or a society holds about right and wrong is therefore correct, at least for members of that culture or society. See moral (or ethical) relativism.

Nietzsche

Friedrich Nietzsche, a 19th-century German philosopher known for his critique of traditional moral values and the concept of the "will to power."