Use the following information for the next 4 questions.
During its first year of operations, Kima Corp. experienced the following:
-The amount of variable costs deducted from revenues under the variable costing approach would be
A) $847,000
B) $831,000
C) $726,000
D) $742,000

Question

Use the following information for the next 4 questions.
During its first year of operations, Kima Corp. experienced the following: 
-The amount of variable costs deducted from revenues under the variable costing approach would be
A) $847,000 
B) $831,000 
C) $726,000 
D) $742,000

Quizplus · Accepted Answer

Under the variable costing approach, only variable costs are deducted from revenues. The correct amount of variable costs deducted is $726,000.

Use the Following Information for the Next 4 Questions