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A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 63% of sales, and sales
A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 63% of sales, and sales were $910,000. Operating profit was: a. $146,700 b. 117,360 c. $336,700 d. $573,300
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