A company that makes customized pens has calculated their revenue and costs as follows for the most recent fiscal period: Sales $100 000
Costs:
Fixed Costs $???????
Variable Costs 15 000
Total Costs ???????
Net Income (Loss) $(20 000)
What are the company's fixed costs per fiscal period?
A) $105 000
B) $115 000
C) $80 000
D) $85 000
E) $120 000
Correct Answer:
Verified
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