International Imports Is a Merchandising Firm

Multiple Choice

International Imports is a merchandising firm.Last year, the company reported sales of $674,500 and cost of goods sold of $404,700.The company's total variable selling and administrative expense was $60,705, and fixed selling and administrative expense was $53,960.The total fixed costs for the firm are

A) $458,660.
B) $404,700.
C) $60,705.
D) $53,960.