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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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