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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 280,000 electric screwdrivers at a price of $17.40 each. Fixed costs amounted to $784,000 and pretax income was $1,064,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

a. $1,848,000

b. $3,808,000

c. $2,240,000

d. $4,872,000

Reference no: EM132597363

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