Flexible Budget: Label (a) and (b) in the graph and give the number of units sold for
Question:
Flexible Budget: Label
(a) and
(b) in the graph and give the number of units sold for each.
Transcribed Image Text:
Operating loss Operating profit Master budget = $28,000 Flexible budget = ($7,000) Flexible budget line (a) (b) 0 Units sold Fixed costs = $70,000 Slope = Contribution margin per unit = $7.00
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