Please show formula used to get answer. 27, A firm operated at...

80.2K

Verified Solution

Question

Accounting

image
Please show formula used to get answer.
27, A firm operated at 80% of capacity for the past year, during which fixed were $198554, variable costs were 66% of sales, and sales were 929954. Find the operating profit. a. $812324 b. $613770 c. $117630 d. $198554

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students