Question
Munoz Corporation incurs the following annual fixed costs: Item Cost Depreciation $ 52,000 Officers salaries 180,000 Long-term lease 60,000 Property taxes 8,000 Required Determine the
| Munoz Corporation incurs the following annual fixed costs: |
| Item | Cost | ||
| Depreciation | $ | 52,000 | |
| Officers salaries | 180,000 | ||
| Long-term lease | 60,000 | ||
| Property taxes | 8,000 | ||
|
| |||
| Required |
| Determine the total fixed cost per unit of production, assuming that Munoz produces 3,000, 3,500 and 4,000 units. (Round your answers to 2 decimal places.) |
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
