Find what amount should have been reported as variable costs

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Reference no: EM131969298

Problem

During its most recent fiscal year, Raphael Enterprises sold 270,000 electric screwdrivers at a price of $17.10 each. Fixed costs amounted to $729,000 and pretax income was $999,000. What amount should have been reported as variable costs in the Company's contribution margin income statement for the year in question?

Reference no: EM131969298

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