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ABC Company prepares tax returns. ABC has one accountant paid an annual salary of $78,000. In one year, that accountant can complete a maximum of
ABC Company prepares tax returns. ABC has one accountant paid an annual salary of $78,000. In one year, that accountant can complete a maximum of 800 tax returns. What is the total labor cost if the accountant prepares 500 returns this year? (Answer choices may be rounded to nearest dollar.) $78,000 $400,000 $124,800 $48.750
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