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A firm operated at 80% of capacity for the past year, during which fixed costs were $197,000, variable costs were 69% of sales, and sales

A firm operated at 80% of capacity for the past year, during which fixed costs were $197,000, variable costs were 69% of sales, and sales were $1,029,000. Operating profit was Oa. $121,990 Ob. $318,990 Oc. $710,010 Od. $97,592

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