Answer:
Total fixed costs = $16,860,000
Total variable costs = $38,640,000
Explanation:
The computation of Total fixed cost and total variable cost is shown below:-
Total fixed costs = Cost of goods sold + Selling expense + Administrative expense
= (28% × $44,500,000) + (25% × $8,000,000) + (80% × $3,000,000)
= $12,460,000 + $2,000,000 + $2,400,000
= $16,860,000
Total variable costs = Cost of goods sold + Selling expense + Administrative expense
= (72% × $44,500,000) + (75% × $8,000,000) + (20% × $3,000,000)
= $32,040,000 + $6,000,000 + $600,000
= $38,640,000
