Uses the high-low method to analyze costs

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Reference no: EM13753831

Swanson and Associates presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Swanson 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.

How much would Swanson's pay if it made 5,500 copies?

$382.50.

$322.

$300.

$292.50

An amount other than those given above.

Reference no: EM13753831

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