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bernie2981 bernie2981
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Posts: 3810
8 years ago
Monroe Manufacturing produces and sells a product with a price of $100/unit. The following data has been prepared for its estimated upper and lower levels of activity.

Production Category   Lower Limit   Upper Limit
Units of Production   4,000 units   6,000 units
Direct Materials   $60,000   $90,000
Direct Labor   $80,000   $120,000
Manufacturing Overhead:      
Indirect materials   $25,000   $37,500
Indirect labor   $40,000   $50,000
Depreciation   $20,000   $20,000
Selling and Admin. Expenses:      
Sales salaries   $50,000   $65,000
Office salaries   $30,000   $30,000
Advertising   $45,000   $45,000
Other   $15,000   $20,000
Totals   $365,000   $477,500

The fixed expenses for this company are
A) direct materials, direct labor, and depreciation.
B) indirect materials, indirect labor, and depreciation.
C) sales salaries, office salaries, and advertising.
D) depreciation, office salaries, and advertising.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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