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A company's flexible budget for 14,000 units of production showed sales, $56,000; variable costs, $21,000; and fixed costs, $16,100. The income expected if the
A company's flexible budget for 14,000 units of production showed sales, $56,000; variable costs, $21,000; and fixed costs, $16,100. The income expected if the company produces and sells 18,000 units is:
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