Fanatic Footwear Has Two Store Locations, Midtown and at the Beach.During

Multiple Choice

Fanatic Footwear has two store locations, midtown and at the beach.During October, the company reported net income of $80,000 on sales of $450,000.Sales in the midtown store were $170,000 and variable costs in the beach store were 40% of sales.The contribution margin in the midtown store was $85,000.If total direct fixed costs are $40,000, how much are total fixed costs for Fanatic Footwear?

A) $93,000
B) $150,000
C) $370,000
D) None of these answer choices are correct.