Question: Exercise 2-3A Determining fixed cost per unit LO 2-1 Solomon Corporation incurs the following annual fixed costs: Item Depreciation Officers' salaries Long-term lease Property taxes

 Exercise 2-3A Determining fixed cost per unit LO 2-1 Solomon Corporation

Exercise 2-3A Determining fixed cost per unit LO 2-1 Solomon Corporation incurs the following annual fixed costs: Item Depreciation Officers' salaries Long-term lease Property taxes Cost $ 53,000 140,000 70,000 14,000 Required Determine the total fixed cost per unit of production, assuming that Solomon produces 9,500, 10,000, or 10,500 units. (Round your answers to 2 decimal places.) 9,500 10,000 Units Produced Fixed cost per unit 10,500

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