Question

7 WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $98,000 annually and one salaried estimator who is paid $54,000 annually. The corporate office has two office administrative assistants who are paid salaries of $58,000 and $41,000 annually. The president's salary is $165,000. How much of these salaries are common fixed expenses? Multiple Choice $165,000 $264,000 $99,000 $348,000

Answer 1

Anduses Pageno Gornnon faced Espenbes: Fixed Expended which cannot be allocated to any production depoortments = $ 55,000 + $ 1000 + $ 165000 $ $ a G4000 i option '1" is Copouect Answer unit Paeduce cost indes veiable Costing sl Direct materials Direct labos & GI variable manufacturing $ as Overhead unit product Cost & 117 variable selling and administrative Experklas Period Costand it iş nota poroduct Cast. so it is not considered while Caluclating poroduct Case Fixed manufacturing Overhead and felling and odministrative expensel are also period Costs.