For a table manufacturing company, selling price for a table is $61.00 per Unit, Variable cost is $19.00 per Unit, labor charge is $13.90 per Unit, rent is $523.00 per month and transportation is $1 per tables. If 50 tables are sold in a month how much is the fixed cost for that month? Submit Answer format: Currency: Round to: 0 decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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For a table manufacturing company, selling price for a table is $61.00 per Unit, Variable cost is $19.00 per Unit, labor
charge is $13.90 per Unit, rent is $523.00 per month and transportation is $1 per tables. If 50 tables are sold in a month
how much is the fixed cost for that month?
Submit
Answer format: Currency: Round to: 0 decimal places.
Transcribed Image Text:For a table manufacturing company, selling price for a table is $61.00 per Unit, Variable cost is $19.00 per Unit, labor charge is $13.90 per Unit, rent is $523.00 per month and transportation is $1 per tables. If 50 tables are sold in a month how much is the fixed cost for that month? Submit Answer format: Currency: Round to: 0 decimal places.
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