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Posted on Apr 09, 2024

1 3 . Chung, Inc. sells 1 0 0 , 0 0 0 wrenches for $ 2 4 per unit. Fixed costs are $ 7

13 .

Chung, Inc. sells

100, 000

wrenches for $

24

per unit. Fixed costs are $

700, 000

and net income is $

500, 000 .

What should be reported as variable expenses in the CVP income statement?

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