Identifying discretionary and committed fixed costs

Question

Identifying Discretionary and Committed Fixed Costs

Identify and compute TOTAL DISCRETIONARY FIXED COSTS and TOTAL COMMITTED FIXED COSTS from the following list prepared by the accounting supervisor for the Huang Building Supply.

Advertising                                                     $19,000
Depreciation                                                     47,000
Health insurance for the company's employees    15,000
Management salaries                                         85,000
Payment on long-term debt                                50,000
Property tax                                                      32,000
Grounds maintenance                                          9,000
Office remodeling                                               21,000
Research and Development                                 36,000