Determine the total operating fixed costs TOFC) based on the following: Administrative expenses = $200,000; Marketing expenses = $180,000; Depreciation expenses = $100,000; and Interest expenses = $20,000.
A) $200,000
B) $380,000
C) $400,000
D) $480,000
E) $500,000

Question

Quizplus · Accepted Answer

Operating fixed costs include administrative, marketing, and depreciation expenses, totaling $480,000. Interest expenses are not included in operating costs.

Determine the Total Operating Fixed Costs TOFC) Based on the Following