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help Ivanhoe Company sells 108000 wrenches for $12 a unit. Fixed costs are $324000, and net income is $216000. What should be reported as variable
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Ivanhoe Company sells 108000 wrenches for $12 a unit. Fixed costs are $324000, and net income is $216000. What should be reported as variable expenses in the CVP income statement? $756000$972000$540000$1080000 Step by Step Solution
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
