Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a firm operated at 80% of capacity for the past ye

A firm operated at 80% of capacity for the past year, during which fixed costs...

50.1K

Verified Solution

Question

Accounting

A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 70% of sales, and sales were $1,067,000. Operating profit was

a.$320,100

b.$746,900

c.$104,080

d.$130,100

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

Q

39 Draw the triangle ABC where A 0 0 B 2 0 and C 0...

Geometry
Q

what is the percentage of the R enantiomer in a sample of Carvone that has a...

Chemistry
Q

Topic: Epigenome Class: Concepts in biology 1103 uga Explain how chromatin structure or chemical modification of...

Biology
Q

Discuss the following archetypes: persona, shadow, anima and animus, self. Explain the use of active imagination,...

Psychology
Q

Given what you know about Life Cycle Assessment, discuss four factors for each project that might...

Electrical Engineering
Q

2 On the first day of the month Michael places 1 cent in a jar...

Basic Math
Q

Suppose your statistics professor reports test grades as z-scores, and you got a score of...

Basic Math
Q

(20 marks) Question 4 Earnings Management...

Accounting
Q

Depreciation by two methods A Kubota tractor acquired on January 8 at a cost...

Accounting
Q

i need help with all 3 parts please On January...

Accounting
Q

Required information [The following information applies to the questions displayed below.] Deliberate Speed Corporation (DSC)...

Accounting
Q

Please elaborate in words on how "Weighted Avg COE" was solved. Cost of...

Finance