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During its most recent fiscal year, Raphael Enterprises sold 320,000 electric screwdrivers at a price of $18.60 each. Fixed costs amounted to $1,024,000 and pretax
During its most recent fiscal year, Raphael Enterprises sold 320,000 electric screwdrivers at a price of $18.60 each. Fixed costs amounted to $1,024,000 and pretax income was $1,344,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? Multiple Choice $4,608,000. $5,952,000. O O $2,560,000. $2,368,000 O $3,584,000
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