A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of
Posted: Mon Apr 25, 2022 7:44 am
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. Income from operations was
a.$980,000
b.$180,000
c.$1,080,000
d.$420,000
which fixed costs were $420,000, variable costs were 40% of sales,
and sales were $1,000,000. Income from operations was
a.$980,000
b.$180,000
c.$1,080,000
d.$420,000