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A firm operated at 80% of capacity for the past year, during which fixed costs were $200,000, variable costs were 63% of sales, and sales
A firm operated at 80% of capacity for the past year, during which fixed costs were $200,000, variable costs were 63% of sales, and sales were $1,067,000. Operating profit was Oa. $194,790 Ob. $394,790 Oc. $155,832 Od. $672,210
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