year, during which fixed costs were $207,000, variable costs were 63% of sales, and sales were $901,000. Operating profit was a.$101,096

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...
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A firm operated at 80% of capacity for the past year, during which fixed costs were $207,000, variable costs were 63% of sales, and sales were $901,000. Operating profit was

a.$101,096
b.$126,370
c.$333,370
d.$567,630
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