Question
Question Content Area Question Content Area A firm operated at 80% of capacity for the past year, during which fixed costs were $191,000, variable costs
Question Content Area
Question Content Area
A firm operated at 80% of capacity for the past year, during which fixed costs were $191,000, variable costs were 61% of sales, and sales were $1,028,000. Operating profit was
a. $209,920
b. $627,080
c. $167,936
d. $400,920
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
4th Edition
0470974451, 9780470974452
