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What amount should have been reported as variable costs

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Question

During its most recent fiscal year, Raphael Enterprises sold 290,000 electric screwdrivers at a price of $17.70 each. Fixed costs amounted to $841,000 and pretax income was $1,131,000.

What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Reference no: EM132314858

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