Question
A firm operated at 80% of capacity for the past year, during which fixed costs were $193,000, variable costs were 67% of sales, and sales
A firm operated at 80% of capacity for the past year, during which fixed costs were $193,000, variable costs were 67% of sales, and sales were $1,003,000. Operating profit was
a.$672,010
b.$137,990
c.$110,392
d.$330,990
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Managerial Accounting
Authors: James Jiambalvo
3rd Edition
0470038152, 978-0470038154
