Multiple Choice
Chung, Inc.sells 100,000 wrenches for $18 per unit.Fixed costs are $525,000 and net income is $375,000.What should be reported as variable expenses in the CVP income statement?
A) $810,000
B) $900,000
C) $1,425,000
D) $1,275,000
Correct Answer:
Verified
Correct Answer:
Verified
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