Circuit Boards R Us(CBRU) uses regression analysis to estimate the monthly cost of producing circuit boards. A regression analysis with labor hours as the cost driver has the followingoutput: Y= $50,000 + $ 20* direct labor hours. During the most recentmonth, CBRU utilized2,000 labor hours. What was the amount of fixedcosts?A.

$ 40,000

B.

$ 20

C.

$ 50,000

D.

$ 90,000