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The following costs for the most recent period for a company that rents tuxedos: Cost to purchase tuxedos (replaced when they show wear, after approximately
The following costs for the most recent period for a company that rents tuxedos: Cost to purchase tuxedos (replaced when they show wear, after approximately 80-100 rentals) Salespersons' salaries Advertising Dry cleaning Store rent $ 14,900 51,500 29,200 11,400 Sales commissions on tuxedo rentals 16,000 11,400 Store utilities (paid at a monthly rate) 6,200 Store window displays 5,800 Depreciation on office equipment 9,800 8,300 74,000 Insurance President's salary Calculate each of the following, where the cost object is the number of tux rentals: Required: a. Total variable costs. Total Variable Costs b. Total fixed costs. Total fixed costs c. Total direct costs. Total Direct Costs d. Total indirect costs. Total Indirect Costs
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