Business, 04.04.2020 06:34 dreawongdga
Sales totaled $1,207,650 for the year, variable selling and administrative expenses totaled $136,950, and fixed selling and administrative expenses totaled $185,562. There was no beginning inventory. Assume that direct labor is a variable cost.
Under variable costing, the net income for the year would be:
Answers: 3
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Sales totaled $1,207,650 for the year, variable selling and administrative expenses totaled $136,950...
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