For each total fixed cost listed below determine the fixed cost per unit when sales are 35, 70, and 140 units. Store rent 4,200 Manager's salary 1,050 Equipment lease 350 175 Depreciation on fixtures Begin by calculating the fixed cost per unit for each of the fixed costs listed, and the total fixed cost per unit when sales are 35 units. Then calculate the fixec cost per unit and the total fixed cost per unit when sales are 70 and 140 units, respectively (Round all amounts to the nearest cent.) Fixed Cost per Total Fixed Cost Unit at 35 Units Store rent %24 4,200 Manager's salary 1050 Equipment lease 350 Depreciation on fixtures 175 Total fixed cost per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please round to the nearest cent.
For each total fixed cost listed below determine the fixed cost per unit when sales are 35, 70, and 140 units,
Store rent
%24
4,200
Manager's salary
1,050
Equipment lease
350
Depreciation on fixtures
175
Begin by calculating the fixed cost per unit for each of the fixed costs listed, and the total fixed cost per unit when sales are 35 units. Then calculate the fixed
cost per unit and the total fixed cost per unit when sales are 70 and 140 units respectively (Round all amounts to the nearest cent.)
Fixed Cost per
Total Fixed Cost
Unit at 35 Units
Store rent
24
4,200
Manager's salary
1050
Equipment lease
350
175
Depreciation on fixtures
Total fixed cost per unit
Transcribed Image Text:For each total fixed cost listed below determine the fixed cost per unit when sales are 35, 70, and 140 units, Store rent %24 4,200 Manager's salary 1,050 Equipment lease 350 Depreciation on fixtures 175 Begin by calculating the fixed cost per unit for each of the fixed costs listed, and the total fixed cost per unit when sales are 35 units. Then calculate the fixed cost per unit and the total fixed cost per unit when sales are 70 and 140 units respectively (Round all amounts to the nearest cent.) Fixed Cost per Total Fixed Cost Unit at 35 Units Store rent 24 4,200 Manager's salary 1050 Equipment lease 350 175 Depreciation on fixtures Total fixed cost per unit
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