A company has fixed costs of $40, variable costs of $20, and current liabilities of $15. What is the total cost for this company?
A) $35
B) $55
C) $60
D) $75

Name: A company has fixed costs of $40, variable costs of $20, and current liabilities of $15. What is the total cost for this company? A) $35 B) $55 C) $60 D) $75
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total cost is the sum of fixed costs and variable costs, which is $40 + $20 = $60. Current liabilities are not part of the total cost calculation.

A Company Has Fixed Costs of $40, Variable Costs of $20