10. A company's flexible budget for 12.000 units of production showed total and fixed costs, $16,000. The operating income expected it the compony units is: A $14,000. B. $10,000. C. $18,667 D. $8,000. E. $34,000. contribution margin of $24,000 he company produces and sells 15,000 11. Epsilon Co. can produce a unit of product for the following costs: Direct material Direct labor S8 24 Total costs per unit $72 outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys will still ior 40% of its overhead. Epsilon should choose to: from the supplier, the company A. Buy since the relevant cost to make it is $72. B. Make since the relevant cost to make it is $48. C. Buy since the relevant cost to make it is $48. D. Make since the relevant cost to make it is $56. E. Buy since the relevant cost to make it is $56. 12. A budget is best described as: A. A formal statement of a company's future plans usually expressed in monetary terms. B. A master control device. C. An informal statement of company's future plans usually expressed in monetary terms. D. The most crucial component of a company's evaluation process. E. The minimum acceptable performance level. Pg. 3