Assume that a manufacturing company incurred the following costs: Direct labor $ 90,000 Advertising $ 40,000 Factory
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Question:
Assume that a manufacturing company incurred the following costs:
Direct labor | $ | 90,000 | |
Advertising | $ | 40,000 | |
Factory supervision | $ | 38,000 | |
Sales commissions | $ | 15,000 | |
Depreciation, office equipment | $ | 4,000 | |
Indirect materials | $ | 5,000 | |
Depreciation, factory building | $ | 29,000 | |
Administrative office salaries | $ | 1,000 | |
Utilities, factory equipment | $ | 2,500 | |
Direct materials | $ | 105,000 | |
Insurance, factory | $ | 7,000 | |
Property taxes, factory | $ | 7,000 | |
Required
What is the total fixed cost?
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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