(Answered) Question - copy kitty ltd leases a copying machine on a

Accounting

Question - Copy Kitty Ltd leases a copying machine on a monthly basis. The lease agreement requires a fixed rental fee each month in addition to a charge per copy. In September, Copy Kitty paid $162 for rent and 2400 copies. In October, Copy Kitty paid $195 for rent and 3500 copies. What is Copy Kitty's variable cost per copy?

a. $0.06

b. $0.04

c. $0.03

d. $0.01

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