A residential cleaning company has total costs of $45,000 and total variable costs of $25,000.The cleaning company has total fixed costs that equal

Name: A residential cleaning company has total costs of $45,000 and total variable costs of $25,000.The cleaning company has total fixed costs that equal
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total costs = fixed costs + variable costs
$45,000 = fixed costs + $25,000
Fixed costs = $20,000. Therefore, the correct choice is A.

A Residential Cleaning Company Has Total Costs of $45,000 and Total