Variable expenses in the cvp income statement

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Givenchy Company sells 100,000 wrenches for $12.00 a unit. Fixed costs are $280,000 and net income is $200,000. What should be reported as variable expenses in the CVP income statement?

Reference no: EM13527050

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Variable expenses in the cvp income statement : Givenchy Company sells 100,000 wrenches for $12.00 a unit. Fixed costs are $280,000 and net income is $200,000. What should be reported as variable expenses in the CVP income statement?
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