Question: Please answer Question 38 to 40 using the information below: A company that makes basketballs has calculated their revenue and costs as follows for the
Please answer Question 38 to 40 using the information below: A company that makes basketballs has calculated their revenue and costs as follows for the most recent fiscal period:
Sales $623 000
Costs:
Fixed Costs $???????
Variable Costs 404 880
Total Costs ???????
Net Income (Loss) $(26 880)
Question 38 What are the company's total costs per fiscal period?
1. 125,500
2. 129,800
3. 339,880
4. 649,880
Question 39
What is total fixed cost:
1. 250,229
2. 125,000
3. 245
4. 245,000
Question 40 What is total variable cost percentage to total cost:
1. .23%
2. 5.23%
3. 6.03%
4. 62.03%
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