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A firm operated at 80% of capacity for the past year, during which fixed costs were $191,000, variable costs were 61% of sales, and sales

A firm operated at 80% of capacity for the past year, during which fixed costs were $191,000, variable costs were 61% of sales, and sales were $1,002,000. Income from operations was Oa. $199,780 Ob. $611,220 Oc. $159,824 Od. $390,780

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