Waterberry Company operates a single-product entity. Data relating to the product are as follows. What are the total fixed costs of the above product? Time left 1:07:56 Annual volume 04 000 Units Selling price per unit $ 50 Variable manufacturing cost per unit 14 Annual fixed manufacturing costs 640 000 Variable marketing and distribution costs per unit 6 Annual fixed non-manufacturing costs 320 000 . $850,000 b. $320,000 c. $640,000 d. $960,000

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To calculate the total fixed costs of the product we need to sum up the annual fixed manufac... View the full answer