A company predicts its production and sales will be 24,000 units. At that level, its fixed costs
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A company predicts its production and sales will be 24,000 units. At that level, its fixed costs are budgeted at \(\$ 300,000\), and its variable costs are budgeted at \(\$ 246,000\). If its activity level declines to 20,000 units, what will be its budgeted fixed and variable costs?
a. Fixed, \(\$ 300,000\); variable, \(\$ 246,000\)
b. Fixed, \(\$ 250,000\); variable, \(\$ 205,000\)
c. Fixed, \(\$ 300,000\); variable, \(\$ 205,000\)
d. Fixed, \(\$ 250,000\); variable, \(\$ 246,000\)
e. Fixed, \(\$ 300,000\); variable, \(\$ 300,000\)
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