WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $58,000 annually and one salaried estimator who is paid $52,000 annually. The corporate office has two office administrative assistants who are paid salaries of $38,000 and $31,000 annually. The president's salary is $127,000. How much of these salaries are common fixed expenses?
A) $127,000
B) $110,000
C) $196,000
D) $306,000

Question

Quizplus · Accepted Answer

The common fixed expenses are the salaries of the corporate office staff, which include the president, the two office administrative assistants, and the two estimators. The total of these salaries is $196,000.

WV Construction Has Two Divisions: Remodeling and New Home Construction