Business, 12.12.2020 17:10 Kuwillalean38

Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and administrative expenses totaled $217,008. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the company's net operating income for the year would be

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Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220...