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Solomon Corporation incurs the following annual fixed costs: Item Cost Depreciation $55,000 Officers salaries 190,000 Long-term lease 65,000 Property taxes 9,000 Required Determine the total
Solomon Corporation incurs the following annual fixed costs: Item Cost Depreciation $55,000 Officers salaries 190,000 Long-term lease 65,000 Property taxes 9,000 Required Determine the total fixed cost per unit of production, assuming that Solomon produces 2,500, 3,000, or 3,500 units. Note: Round your answers to 2 decimal places
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