Multiple Choice
International Imports is a merchandising firm.Last year, the company reported sales of $674,500 and cost of goods sold of $404,700.The company's total variable selling and administrative expense was $60,705, and fixed selling and administrative expense was $53,960.The total variable costs for the firm are
A) $60,705.
B) $114,665.
C) $404,700.
D) $465,405.
Correct Answer:

Verified
Correct Answer:
Verified
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