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19 01.00.02 A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The income expected if

19 01.00.02 A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The income expected if the company produces and sells 16,000 units is: Multiple Choice $14,000. $2,667 $35,000 $18,667

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