Fanning Corporation incurs the following annual fixed costs: Item Depreciation Officers' salaries Long-term lease Property taxes Required Determine the total fixed cost per unit of production, assuming that Fanning produces 4,000, 4,500, or 5,000 units. Units Produced Cost $80,000 190,000 42,000 48,000 Fixed cost per unit 4,000 4,500 5,000

Fanning Corporation incurs the following annual fixed costs Required Determine the total fixed cost per unit of production, assuming that Fanning produces 4,000,4,500, or 5,000 units