During its most recent fiscal year, Hodge, Co. had total sales of $3.220,000. Contribution margin...
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Accounting
During its most recent fiscal year, Hodge, Co. had total sales of $3.220,000. Contribution margin amounted to $1,510,000 and prelax income was $415,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year? Multiple Choice $1.295.000 $2.805.000 $1.095,000 $1.925,000 $110.000
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