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2. A companys flexible budget for 12,000 units of production showed sales, $48,000, variable costs, $18,000, and fixed costs, $16,000. The operating income expected if
2. A companys flexible budget for 12,000 units of production showed sales, $48,000, variable costs, $18,000, and fixed costs, $16,000. The operating income expected if the company produces and sells 16,000 is: A. $2,667 B. $14,000 C. $18,667 D. $24,000 E. $35,000
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