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Fanning Corporation incurs the following annual fixed costs. Item Cost Depreciation $ 61,000 Officers salaries 130,000 Long-term lease 60,000 Property taxes 10,000 Required Determine the

Fanning Corporation incurs the following annual fixed costs. Item Cost Depreciation $ 61,000 Officers salaries 130,000 Long-term lease 60,000 Property taxes 10,000 Required Determine the total fixed cost per unit of production, assuming that Fanning produces 8,000, 8,500, or 9,000 units. (Round your answers to 2 decimal places.)

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