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During its most recent fiscal year, Raphael Enterprises sold 260.000 electric screwdrivers at a price of $16.80 each. Fixed costs amounted to $676.000 and pretax
During its most recent fiscal year, Raphael Enterprises sold 260.000 electric screwdrivers at a price of $16.80 each. Fixed costs amounted to $676.000 and pretax income was $936.000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? 0 $4.368,000 o $3.432.000 O $2080.000 O $1,612,000 $2756,000. K Company estimates that overhead costs for the next year will be $2.835,000 for indirect labor and $810,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If 81.000 direct labor hours are planned for this next year, how much overhead would be assigned to a product requiring 4 direct labor hours? Multiple Choice O $140.00 O $180.00 O $45.00 O $35.00 O None of the choices
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