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Question Content Area A firm operated at 80% of capacity for the past year, during which fixed costs were $199,000, variable costs were 67% of
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Question Content Area
A firm operated at 80% of capacity for the past year, during which fixed costs were $199,000, variable costs were 67% of sales, and sales were $1,034,000. Income from operations was
a.$341,220
b.$692,780
c.$113,776
d.$142,220
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