What is Technical’s monthly fixed fee? - ProProfs Discuss
Topics
Products
Follow Us:

What is Technical’s monthly fixed fee?
Technical Engineering presently leases a copying machine on a monthly basis. The lease agreement requires a fixed fee each month in addition to a charge per copy. Technical Engineering made 2 400 copies and paid a total of $162 in rent in September and in October they paid $195 for 3 500 copies.



A. $138
B. $ 90
C. $ 66
D. $ 55

This question is part of Accounting loves you!
Asked by Alanaseeto, Last updated: Mar 22, 2020

+ Answer
Request

2 Answers

Bergeront Tiffney

Here for the daily dose of fresh knowledge

Bergeront Tiffney, Computer Engineer, M. Tech, Southeast Montgomery

Answered May 02, 2019

The answer to this is B. The monthly fixed fee is $90 but because of the additional copies that need to be made, the extras will be charged for every copy. This means that for the month of September, they had to pay $72 more for the 400 extra copies that they made.

For the month of October, they made even more copies so they had to pay $105 more than the usual amount of rent. It is important that people will pay their monthly dues on time so that the fees will not go higher in the long run. If the technical engineer would not pay the actual amount needed, he would need to pay more in the months to come and this will only make things more complicated.

 

John Smith

John Smith

Answered Mar 13, 2017

$ 90
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.