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saw5 [17]
3 years ago
5

A firm operated at 80% of capacity for the past year, during which fixed costs were $198,000, variable costs were 66% of sales,

and sales were $1,082,000. Operating profit was a.$367,880 b.$714,120 c.$169,880 d.$135,904
Business
1 answer:
zubka84 [21]3 years ago
7 0

Answer: $169,880

Explanation:

Operating profit for a company is simply its sales less its fixed costs and variable costs:

Operating profit = Sales revenue - Variable costs - Fixed costs

Variable costs:

= 66% * 1,082,000

= $714,120

Operating profit:

= 1,082,000 - 714,120 - 198,000

= $169,880

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4 0
2 years ago
A company receives payment from one of his customers on August 5 for service performed on July 21. Which of the following entrie
Anettt [7]

Answer:

b) cash 1000

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3 years ago
The act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Securi
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Answer:

Federal Insurance Contributions Act

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The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to  this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.

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What type of business contracts with physicians to handle their claims and/or account receivable
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When should you write a functional (skills) résumé? a. when you work history does not have obvious gaps. b. when you are making
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2 years ago
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