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Vernon Corporation incurs the following annual fixed costs: Item Depreciation Officers' salaries Long-term lease Property taxes Cost $ 70,000 160,000 70,000 11,000 Required Determine the

Vernon Corporation incurs the following annual fixed costs: Item Depreciation Officers' salaries Long-term lease Property taxes Cost $ 70,000 160,000 70,000 11,000 Required Determine the total fixed cost per unit of production, assuming that Vernon produces 5,000, 5,500, or 6,000 units. (Round your answers to 2 decimal places.) Units Produced Fixed cost per unit 5,000 5,500 6,000

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