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TB MC Qu. 18-82 (Algo) During its most recent fiscal year... During its most recent fiscal year, Dover, Incorporated had total sales of $3,380,000. Contribution

TB MC Qu. 18-82 (Algo) During its most recent fiscal year...

During its most recent fiscal year, Dover, Incorporated had total sales of $3,380,000. Contribution margin amounted to $1,590,000 and income was $535,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year?

Multiple Choice

  • $2,125,000.

  • $2,845,000.

  • $1,255,000.

  • $1,055,000.

  • $1,790,000.

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