Munoz Corporation incurs the following annual fixed costs: Item Cost Depreciation .......... $ 75,000 Officers salaries ........

Question:

Munoz incurs the following annual fixed costs:
Item Cost
Depreciation .......... $ 75,000
Officers’ salaries ........ 160,000
Long-term lease ....... 38,000
Property taxes ......... 12,000

Required
Determine the total fixed cost per unit of production, assuming that Munoz produces 4,000, 4,500, or 5,000 units.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...