Assume that a manufacturing company incurred the following costs: Direct...
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Accounting
Assume that a manufacturing company incurred the following costs:
| Direct labor | $ 90,000 |
|---|---|
| Advertising | $ 40,000 |
| Factory supervision | $ 35,000 |
| Sales commissions | $ 15,000 |
| Depreciation, office equipment | $ 4,000 |
| Indirect materials | $ 5,000 |
| Depreciation, factory building | $ 21,000 |
| Administrative office salaries | $ 1,000 |
| Utilities, factory equipment | $ 2,500 |
| Direct materials | $ 105,000 |
| Insurance, factory | $ 10,000 |
| Property taxes, factory | $ 7,000 |
What is the total fixed cost?
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