Munoz Corporation incurs the following annual fixed costs: Item Cost Depreciation Officers' salaries Long-term lease Property taxes $ 51,000 180, 000 100,000 11,000 Required Determine the total fixed cost per unit of production, assuming that Munoz produces 2,000, 2,500, or 3,000 units. (Round your answers to 2 decimal places.) Units Produced 2,000 2,500 3,000 Fixed cost per unit

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter5: Introduction To Business Expenses
Section: Chapter Questions
Problem 63P
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Munoz Corporation incurs the following annual fixed costs:
Item
Cost
Depreciation
Officers' salaries
Long-term lease
Property taxes
$ 51,000
180, 000
100,000
11,000
Required
Determine the total fixed cost per unit of production, assuming that Munoz produces 2,000, 2,500, or 3,000 units. (Round your
answers to 2 decimal places.)
Units Produced
2,000
2,500
3,000
Fixed cost per unit
Transcribed Image Text:Munoz Corporation incurs the following annual fixed costs: Item Cost Depreciation Officers' salaries Long-term lease Property taxes $ 51,000 180, 000 100,000 11,000 Required Determine the total fixed cost per unit of production, assuming that Munoz produces 2,000, 2,500, or 3,000 units. (Round your answers to 2 decimal places.) Units Produced 2,000 2,500 3,000 Fixed cost per unit
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