A company that makes basketballs has calculated their revenue and costs as follows for the most recent fiscal period:

Question

Sales $623 000
Costs:
Fixed Costs $???????
Variable Costs 404 880
Total Costs ???????
Net Income (Loss) $(26 880)

Answer 1

Fixed Costs: $244,000

Total Costs: $648,880

Answer 2

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)

Answer 3

Fixed Costs: $244,000

Total Costs: $648,880