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Jones Corporation's capacity is 1,000 units. The results for the first year of their operations are based on 1,000 units of a single product made

Jones Corporation's capacity is 1,000 units.

The results for the first year of their operations are based on 1,000 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 $3,330

Sales $150,000

Net Operating Income $89,000

Contribution Margin $130,000

Q: What was the companys advertising cost for the year?

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