Zurbrigg Copy Solutions Presently Leases a Copy Machine Under an Agreement

Multiple Choice

Zurbrigg Copy Solutions presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Zurbrigg made 9,000 copies and paid a total of $560 in July; in November, the firm paid $480 for 7,000 copies. The company uses the high-low method to analyze costs. Zurbrigg's variable cost per copy is:

A) $0.005.
B) $0.011.
C) $0.040.
D) $0.065.
E) $0.52.