Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For a table manufacturing company, selling price for a table is $54.00 per Unit, Variable cost is $18.00 per Unit, labor charge is $12.05

 

For a table manufacturing company, selling price for a table is $54.00 per Unit, Variable cost is $18.00 per Unit, labor charge is $12.05 per Unit, rent is $534.00 per month and transportation is $1 per tables. If 50 tables are sold in a month how much is the fixed cost for that month? Submit

Step by Step Solution

3.52 Rating (145 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the fixed cost for the month we need to subtract the total ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra A Modern Introduction

Authors: David Poole

3rd edition

9781133169574 , 978-0538735452

More Books

Students also viewed these Accounting questions

Question

Explain the relationship between thoughts, feelings, and actions.

Answered: 1 week ago