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Corporation's capacity is 1000 units. The results for the first year of operations are based on 1000 units of a single product made and sold

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Corporation's capacity is 1000 units. The results for the first year of operations are based on 1000 units of a single product made and sold and can be found below: Direct materials used, variable $4.000 Administrative office salaries, fixed $10,000 Factory supervision, fixed $4,000 Sales commissions, variable ?? Depreciation, factory building, fixed $11,000 Depreciation, administrative office equipment, fixed $500 Indirect materials, factory, variable $2,000 Direct labor, variable $8,000 Advertising, fixed ? Insurance, factory, fixed $1,500 Administrative office supplies (billing), variable $1,000 Property taxes, factory, fixed $2,000 Utilities, factory, fixed $5,140 Sales $150,000 Net Operating Income $89,000 Contribution Margin $130,000 Q. What was advertising cost for the year? A. $

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