Darrell owns a furniture store. His total costs are $225,000 per year, and his variable costs are $75,000 per year. This means that his fixed costs are:

Name: Darrell owns a furniture store. His total costs are $225,000 per year, and his variable costs are $75,000 per year. This means that his fixed costs are:
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Question

Quizplus · Accepted Answer

Fixed costs are calculated by subtracting variable costs from total costs. Therefore, $225,000 - $75,000 = $150,000.

Darrell Owns a Furniture Store