Based on given information. Calculate the yearly fixed cost for each location. (9 marks) Location Total Cost
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Question:
- Based on given information. Calculate the yearly fixed cost for each location. (9 marks)
Location | Total Cost per quarter | Annual Variable Cost ($/unit) | Quantity (unit/year) |
City of Toronto | $10000 | $20 | 500 units |
Richmond Hill | $20,000 | $10 | 700 units |
Ajax | $5000 | $30 | 600 units |
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