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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