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During March, Oriole Company sold 100000 units for $16 per unit. Fixed costs were $350000 and net income was $150000, What would be reported as variable expenses in the company's CVP income statement for March? O $1100000 O$1250000. O $500000. O $1450000

During March, Oriole Company sold 100000 units for $16 per unit. Fixed costs were $350000 and net income was $150000, What would be reported as variable expenses in the company's CVP income statement for March? O $1100000 O$1250000. O $500000. O $1450000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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During March, Oriole Company sold 100000 units for $16 per unit. Fixed costs were $350000 and net income was $150000, What would be reported as variable expenses in the company's CVP income statement for March? O $1100000. O $1250000. O $500000. O $1450000
Transcribed Image Text:During March, Oriole Company sold 100000 units for $16 per unit. Fixed costs were $350000 and net income was $150000, What would be reported as variable expenses in the company's CVP income statement for March? O $1100000. O $1250000. O $500000. O $1450000
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