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A firm operated at 80% of capacity for the past year, during which fixed costs were $205,000, variable costs were 64% of sales, and sales
A firm operated at 80% of capacity for the past year, during which fixed costs were $205,000, variable costs were 64% of sales, and sales were $1,061,000. Income from operations was
a.$679,040
b.$176,960
c.$381,960
d.$141,568
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