Cournot Company sells 100,000 wrenches for
$12 a unit. Fixed costs are $300,000, and net income
is $200,000. What should be reported as
variable expenses in the CVP income statement?
1 answer
500000
$12 a unit. Fixed costs are $300,000, and net income
is $200,000. What should be reported as
variable expenses in the CVP income statement?
1 answer