During its most recent fiscal year simon enterprises sold

Reference no: EM13583524

During its most recent fiscal year, Simon Enterprises sold 310,000 electric screwdrivers at a price of $18.30 each. Fixed costs amounted to $961,000 and pretax income was $1,271,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Reference no: EM13583524

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During its most recent fiscal year simon enterprises sold

Reference no: EM13583524

Reference no: EM13583524

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