Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for...

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Accounting

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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 12,000 copies and paid a total of $590 in March; in May, the firm paid $540 for 10,000 copies. The company uses the highilow method to analyze costs. Fulton's variable cost per copy is: (Round your final answer to 3 decimal places.) Multiple Choice 3 O $0.025. O $0.036. O $0.038. O $0.041. O None of the answers is correct

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