Question
A firm operated at 80% of capacity for the past year, during which fixed costs were $207,000, variable costs were 64% of sales, and sales
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A firm operated at 80% of capacity for the past year, during which fixed costs were $207,000, variable costs were 64% of sales, and sales were $986,000. Operating profit was
a.$118,368
b.$354,960
c.$631,040
d.$147,960
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Accounting For Non-Accountants
Authors: David Horner
12th Edition
1789664306, 9781789664300
