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7. Prepare a flexible budget given the following information. Master budget for 20,000 units of sales Sales $250,000 Variable costs $ 150,000 Selling and administration
7. Prepare a flexible budget given the following information. Master budget for 20,000 units of sales Sales $250,000 Variable costs $ 150,000 Selling and administration costs $ 40,000 units master budget per unit sales variable cost contribution margin fixed cost for selling and admin net income Complete the table below 18,000 19,000 21,000
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