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Business, 16.03.2020 22:34 lilycious3986

During its most recent fiscal year, Raphael Enterprises sold 250,000 electric screwdrivers at a price of $16.50 each. Fixed costs amounted to $625,000 and pretax income was $875,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

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During its most recent fiscal year, Raphael Enterprises sold 250,000 electric screwdrivers at a pric...
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