Question: Identify and compute total discretionary fixed costs and total committed fixed costs from the following list prepared by the accounting supervisor for Huang Building Supply:

Identify and compute total discretionary fixed costs and total committed fixed costs from the following list prepared by the accounting supervisor for Huang Building Supply:

Advertising ........................................................................... $22,000

Depreciation ........................................................................ 47,000

Health insurance for the company’s employees ............ 21,000

Management salaries ......................................................... 85,000

Payment on long-term debt .............................................. 50,000

Property tax ......................................................................... 32,000

Grounds maintenance ....................................................... 9,000

Office remodelling ............................................................. 21,000

Research and development ............................................. 46,000

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