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A company s flexible budget for 1 4 , 0 0 0 units of production reflects sales of $ 2 9 4 0 0 0

A company

s flexible budget for

14, 000

units of production reflects sales of $

294000

; variable costs, $

84000

; and fixed costs, $

98, 000 .

Calculate the expected level of income if the company produces and sells

17000

units.

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