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Business
Accounting
Direct labor cost $136,000 Direct materials cost 80,000 Equipment depreciation (straight-line) 24,000 Factory insurance 19,000 Factory manager's salary 12,800 Janitor's salary 5,000 Packaging costs 18,800 Property taxes N16,000 From the above information, calculate First Buy's total fixed costs. O $311,600 O $52,800 O $71,600

Direct labor cost $136,000 Direct materials cost 80,000 Equipment depreciation (straight-line) 24,000 Factory insurance 19,000 Factory manager's salary 12,800 Janitor's salary 5,000 Packaging costs 18,800 Property taxes N16,000 From the above information, calculate First Buy's total fixed costs. O $311,600 O $52,800 O $71,600

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Direct labor cost $136,000 Direct materials cost 80,000 Equipment depreciation (straight-line) 24,000 Factory insurance 19,000 Factory manager's salary 12,800 Janitor's salary 5,000 Packaging costs 18,800 Property taxes N16,000 From the above information, calculate First Buy's total fixed costs. O $311,600 O $52,800 O $71,600
Transcribed Image Text:Direct labor cost $136,000 Direct materials cost 80,000 Equipment depreciation (straight-line) 24,000 Factory insurance 19,000 Factory manager's salary 12,800 Janitor's salary 5,000 Packaging costs 18,800 Property taxes N16,000 From the above information, calculate First Buy's total fixed costs. O $311,600 O $52,800 O $71,600
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