First Buy Television Antenna Company provided the following manufacturing costs for the month of June
Direct labor cost $132,000
Direct materials cost 84,000
Equipment depreciation (straight-line) 24,000
Factory insurance 10,000
Factory manager's salary 10,200
Janitor's salary 4,000
Packaging costs 18,600
Property taxes 16,000
From the above information, calculate First Buy's total fixed costs.
A) $298,800
B) $40,200
C) $60,200
D) $64,200
D .D)
Janitor's salary $4,000
Property taxes 16,000
Equipment depreciation (straight-line) 24,000
Factory insurance 10,000
Factory manager's salary 10,200
Total fixed costs $64,200
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