During its most recent fiscal year, Raphael Enterprises sold 210,000 electric screwdrivers at a price of $15.30 each. Fixed costs amounted to $441,000 and pretax income was $651,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? Multiple Choice $2,562,000. $1,092,000. $3,213,000. $2,121,000. $1,680,000.

During its most recent fiscal year, Raphael Enterprises sold 210,000 electric screwdrivers at a price of $15.30 each. Fixed costs amounted to $441,000 and pretax income was $651,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? Multiple Choice $2,562,000. $1,092,000. $3,213,000. $2,121,000. $1,680,000.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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