(Answered) Question - international imports is a merchandising firm

Accounting

Question - International Imports is a merchandising firm. Last year they 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. Compute the total variable costs for the firm.

a. $60,705

b. $465,405

c. $114,665

d. $404,700

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