The Jones Corporation recently showed sales of $300,000 when…
The Jones Corporation recently showed sales of $300,000 when 6,000 units were sold. The company had variable cost per unit of $35 each and total net income of $10,000. Next month, the company’s variable costs are expected to increase by $5 per unit and its volume is expected to decrease by 500 units. What are the company’s total fixed costs?
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