Fulton and Sons, Inc

Multiple Choice

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. How much would Fulton pay if it made 5,500 copies?

A) $382.50.
B) $322.
C) $300.
D) $292.50.
E) None of the answers is correct.