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WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor...

WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $82,000 annually and one salaried estimator who is paid $46,000 annually. The corporate office has two office administrative assistants who are paid salaries of $50,000 and $37,000 annually. The president's salary is $153,000. How much of these salaries are common fixed expenses?

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Common fixed expenses = Salaries paid to two administrative expenses + President salary = 50,000 + 37,000 + 153,000 = 240,000

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