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(10 pts) 2. Crowder Industries prepared a budget last period that called for sales of 10,000 units at a price of $20.00 each. The production

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(10 pts) 2. Crowder Industries prepared a budget last period that called for sales of 10,000 units at a price of $20.00 each. The production costs per unit were estimated to amount to $8.00 variable and $5.00 fixed. Selling and administrative costs were all fixed at $30,000. During the period, production was exactly equal to the actual sales volume of 12,000 units. The actual selling price was $18.00 per unit. Actual variable costs were $9.00 per unit and actual fixed production costs totaled $48,000. Selling and administrative costs were $35,000. Required: a) Show an operating statement for the actual output, as well as a static budget and flexible budget. b) What is the purpose of preparing a flexible budget

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