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During its most recent fiscal year, Raphael Enterprises sold 290,000 electric screwdrivers at a price of $1770 each. Fixed costs amounted to $841,000 and pretax
During its most recent fiscal year, Raphael Enterprises sold 290,000 electric screwdrivers at a price of $1770 each. Fixed costs amounted to $841,000 and pretax income was $1,131,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? $4,002,000 $3161,000 $5,133,000
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