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A firm operated at 80% of capacity for the past year, during which fixed costs were $196,000, variable costs were 63% of sales, and

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A firm operated at 80% of capacity for the past year, during which fixed costs were $196,000, variable costs were 63% of sales, and sales were $987,000. Operating profit was a. $365,190 b. 5621,810 c. $169,190 Od. $135,3521

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