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A firm operated at 80% of capacity for the past year during which fixed costs were $201 000 variable costs were 62% of sales and

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A firm operated at 80% of capacity for the past year during which fixed costs were $201 000 variable costs were 62% of sales and sales were S 0 rating profit was S150,192 $634,260 S388,740 $187,740 OS

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