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saratoga 22 saratoga 22
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A week ago
International Imports is a merchandising firm. Last year, the company reported sales of $674,500 and cost of goods sold of $404,700. The company's total variable selling and administrative expense was $60,705, and fixed selling and administrative expense was $53,960. The total fixed costs for the firm are

▸ $458,660.

▸ $60,705.

▸ $404,700.

▸ $53,960.
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Managerial Accounting


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vlad8919vlad8919
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$53,960.

Only the fixed selling and administrative expense is a fixed cost.
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saratoga 22 Author
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A week ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
Thank you, thank you, thank you!
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