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Hollow Reeds Manufacturing hired an intern to assist with some accounting duties. The intern is struggling to complete the following CVP income statements March
Hollow Reeds Manufacturing hired an intern to assist with some accounting duties. The intern is struggling to complete the following CVP income statements March 31 June 30 Sept. 30 Sales Revenue $7 $840,000 $420,000 Variable Expenses 420,000 7 7 Contribution Margin ? 560,000 126,000 Fixed Expenses 151,200 329,000 7 Net Income 58.800 231,000 14,700 The intern has asked for your assistance. What amount should be entered for September 30 variable expenses? O $294,000 O $111,300 $546,000 $546,000 Save for Later Submit Answer
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