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Sheridan Companysells50000units for $15a unit. Fixed costs are $350000and net income is $100000. What should be reported as variable expenses in the CVP income statement?

Sheridan Companysells50000units for $15a unit. Fixed costs are $350000and net income is $100000. What should be reported as variable expenses in the CVP income statement?

$300000.

$400000.

$650000.

$450000.

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