America First Company provided the following manufacturing costs for the month of June. Direct materials cost...
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America First Company provided the following manufacturing costs for the month of June. Direct materials cost Janitor's salary Property taxes Direct labor cost $40,000 $2,500 $8,000 $68,000 Packaging costs Equipment depreciation (straight- line) Factory insurance Factory manager's salary $9,400 $12,000 $9,500 $6,400 How much of the above would normally be considered fixed costs? A. $38,400 B. $35,800 C. $26,400 O D. $47,800 America First Company provided the following manufacturing costs for the month of June. Direct materials cost Janitor's salary Property taxes Direct labor cost $40,000 $2,500 $8,000 $68,000 Packaging costs Equipment depreciation (straight- line) Factory insurance Factory manager's salary $9,400 $12,000 $9,500 $6,400 How much of the above would normally be considered fixed costs? A. $38,400 B. $35,800 C. $26,400 O D. $47,800
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Answer Option C is correct 26400 A fixed cost is an expense that does not change as production volum... View the full answer
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date:
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