What are total fixed costs


Borderbooks Company has two locations, downtown and at a suburban mall. During March, the company reported net income of $271,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000. The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location.what are total fixed costs?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What are total fixed costs
Reference No:- TGS0696550

Expected delivery within 24 Hours