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Based on given information. Calculate the yearly fixed cost for each location. (9 marks) Location Total Cost per quarter Annual Variable Cost ($/unit) Quantity (unit/year)

Based on given information. Calculate the yearly fixed cost for each location. (9 marks)

Location	Total Cost per quarter	Annual Variable Cost ($/unit)	Quantity (unit/year)
City of Toronto	$10000	$20	500 units
Richmond Hill	$20,000	$10	700 units
Ajax	$5000	$30	600 units

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