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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 operating income expected if the company

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 operating income expected if the company produces and sells 16,000 unit is:

A. $2,667

B.$14,000

C.$18,667

D.$24,000

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