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During its most recent fiscal year, Dover, Incorporated had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and income was $400,000. What amount should
During its most recent fiscal year, Dover, Incorporated had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and income was $400,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year?
During its most recent fiscal year, Dover, Incorporated had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and income was $400,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year? Multiple Choice $1,900,000. $2,800,000. $1,300,000. $1,100,000. $1,700,000
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