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Gremulon is company that produces canned beverages. Their costs include $1 for raw materials for each canned beverage and $2 for direct labour for each

Gremulon is company that produces canned beverages. Their costs include $1 for raw materials for each canned beverage and $2 for direct labour for each canned beverage. The company produces 5,000 units of canned beverages every month. The company also pays $12,000 per year on insurance, $10,000 per month on management salaries, $24,000 per year on advertising, and $12,000 per month on rent.

Based on this information, what is Gremulon's total monthly fixed cost?

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