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25. A firm operated at 80% of capacity for the past year, during which fixed costs were $204,000, variable costs were 63% of sales, and
25. A firm operated at 80% of capacity for the past year, during which fixed costs were $204,000, variable costs were 63% of sales, and sales were $1,001,000. Operating profit was
a.$133,096
b.$630,630
c.$166,370
d.$370,370
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