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During its most recent fiscal year, Hodge, Co. had total sales of $3,320,000. Contribution margin amounted to $1,560,000 and pretax income was $490,000. What amount
During its most recent fiscal year, Hodge, Co. had total sales of $3,320,000. Contribution margin amounted to $1,560,000 and pretax income was $490,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year? Multiple Choice $1,270,000 $2,830,000 $2,050,000. $1,070,000. $1,760.000
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