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Selling price each = $700 Variable cost each = $500 Commissions paid for each sale =$35 (5%) Rent = $900 Administrative salaries = $6,000 Other
Selling price each = $700
Variable cost each = $500
Commissions paid for each sale =$35 (5%)
Rent = $900
Administrative salaries = $6,000
Other monthly expenses such as insurance, telephone, electricity etc. = 3,000
variable cost per room is $535
contribution per room is $165
How much is the total fixed expenses?
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