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Solomon Corporation incurs the following annual fixed costs: Item Cost Depreciation $ 60,000 Officers' salaries 120,000 Long-term lease 95,000 Property taxes 7,000 Required Determine the
Solomon Corporation incurs the following annual fixed costs: Item Cost Depreciation $ 60,000 Officers' salaries 120,000 Long-term lease 95,000 Property taxes 7,000 Required Determine the total fixed cost per unit of production, assuming that Solomon produces 2,500, 3,000, or 3,500 units. (Round your answers to 2 decimal places.) 2,500 3,000 3.500 Units Produced Fixed cost per unit
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