Business, 05.11.2020 18:50, haylee8530

A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating income was:. a. $420,000
b. $980,000
c. $180,000
d. $1,080,000

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A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variab...