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wV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $66,000 annually and one salaried estimator who is paid $38,000 annually. The corporate office has two office administrative assistants who are paid salaries of $42,000 and $33,000 annually. The president's salary is $141,000. How much of these salaries are common fixed expenses?

wV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $66,000 annually and one salaried estimator who is paid $38,000 annually. The corporate office has two office administrative assistants who are paid salaries of $42,000 and $33,000 annually. The president's salary is $141,000. How much of these salaries are common fixed expenses?

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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wV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $66,000 annually and one salaried estimator who is paid $38,000 annually. The corporate office has two office administrative assistants who are paid salaries of $42,000 and $33,000 annually. The president's salary is $141,000. How much of these salaries are common fixed expenses? Multiple Choice $141.000 $216,000 $75,000 $268,000
Transcribed Image Text:wV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $66,000 annually and one salaried estimator who is paid $38,000 annually. The corporate office has two office administrative assistants who are paid salaries of $42,000 and $33,000 annually. The president's salary is $141,000. How much of these salaries are common fixed expenses? Multiple Choice $141.000 $216,000 $75,000 $268,000
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