Givenchy company sells 100000 wrenches for 1200 a unit


Givenchy Company sells 100,000 wrenches for $12.00 a unit. Fixed costs are $280,000 and net income is $200,000. What should be reported as variable expenses in the CVP income statement?

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Accounting Basics: Givenchy company sells 100000 wrenches for 1200 a unit
Reference No:- TGS0794983

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