During its most recent fiscal year simon enterprises sold

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During its most recent fiscal year, Simon Enterprises sold 200,000 electric screwdrivers at a price of $15 each. Fixed costs amounted to $400,000 and pretax income was $600,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Reference no: EM13609706

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During its most recent fiscal year simon enterprises sold : during its most recent fiscal year simon enterprises sold 200000 electric screwdrivers at a price of 15 each. fixed
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