Solomon Corporation incurs the following annual fixed costs. Item Cost Depreciation Officers' salaries Long-term lease Property...
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Solomon Corporation incurs the following annual fixed costs. Item Cost Depreciation Officers' salaries Long-term lease Property taxes $ 59,000 180,000 55,000 10,000 Required Determine the total fixed cost per unit of production, assuming that Solomon produces 3,500, 4,000, or 4,500 units. (Round your answers to 2 decimal places.) Units Produced 3,500 4,000 4,500 Fixed cost per unit Solomon Corporation incurs the following annual fixed costs. Item Cost Depreciation Officers' salaries Long-term lease Property taxes $ 59,000 180,000 55,000 10,000 Required Determine the total fixed cost per unit of production, assuming that Solomon produces 3,500, 4,000, or 4,500 units. (Round your answers to 2 decimal places.) Units Produced 3,500 4,000 4,500 Fixed cost per unit
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Fixed costs 1 Depreciation 59000 2 Officers salary 180000 3 Long term ... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date:
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