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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 contribution margin expected if the

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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 contribution margin expected if the company produces and sells 16,000 units is: Multiple Choice $24000. $48,000. 40.000 51

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