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The shipping department of EZ-Mail Co provides us with the following cost information for the end of the year: Wages/Salaries $800,000 75% of employees on
The shipping department of EZ-Mail Co provides us with the following cost information for the end of the year: Wages/Salaries $800,000 75% of employees on guaranteed contracts Packaging $400,000 depending on the size of item(s) shipped Postage $500,000 depending on the weight of item(s) shipped Rent of warehouse space $250,000 annual lease
Questions: What were the total fixed costs for the year? What were the total variable costs?
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