Total monthly fixed cost
Total monthly fixed cost
A company sells one product for $311. Two levels of monthly sales volume are: Unit sales volume: 8,300 in June and 9,500 in July. Cost of sales: $630,800 in June and $722,000 in July. Selling/Admin costs: $617,400 in June and $641,400 in July. What is the total monthly fixed cost?
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