Chung, Inc

question 123

Multiple Choice

Chung, Inc.sells 100,000 wrenches for $18 per unit.Fixed costs are $525,000 and net income is $375,000.What should be reported as variable expenses in the CVP income statement?

• A)$810,000
• B)$900,000
• C)$1,425,000
• D)$1,275,000

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