1acny 2.1 Exercise 2-3A Determining fixed cost per unit Fanning Corporation incurs the following annual fixed costs: Item Cost Depreciation Officers' salaries Long-term lease Property taxes $ 80,000 190,000 42,000 48,000 Required Determine the total fixed cost per unit of production, assuming that Fanning produces 4,000, 4,500, or 5.000 units