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Problem - Tentacle Television Antenna Company provided the following manufacturing costs for the month of June:
Direct labor cost $130,000
Direct materials cost 83,000
Equipment depreciation (straight - line) 23,000
Factory insurance 11,000
Factory manager's salary 12,000
Janitor's salary 3,000
Packaging costs 3,200
Property taxes 14,000
Required - From the above information, calculate Tentacle's total fixed costs.
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