Multiple Choice
Determine the total operating fixed costs (TOFC) based on the following: administrative expenses = $200,000; marketing expenses = $180,000; depreciation expenses = $100,000; and interest expenses = $20,000.
A) $380,000
B) $400,000
C) $480,000
D) $500,000
Correct Answer:

Verified
Correct Answer:
Verified
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