America First Company provided the following manufacturing costs for the month of June. Direct materials cost...
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America First Company provided the following manufacturing costs for the month of June. Direct materials cost Janitor's salary $40,000 $2,500 $8,000 Property taxes Direct labor cost $68,000 $9,400 $12,000 Packaging costs Equipment depreciation (straight– line) Factory insurance Factory manager's salary $9,500 $6,400 How much of the above would normally be considered fixed costs? A. $38,400 B. $35,800 C. $26,400 D. $47,800 America First Company provided the following manufacturing costs for the month of June. Direct materials cost Janitor's salary $40,000 $2,500 $8,000 Property taxes Direct labor cost $68,000 $9,400 $12,000 Packaging costs Equipment depreciation (straight– line) Factory insurance Factory manager's salary $9,500 $6,400 How much of the above would normally be considered fixed costs? A. $38,400 B. $35,800 C. $26,400 D. $47,800
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Variable cost 117400 Solution Variable costs are costs that are proportional to the l... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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