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A flexible annual budget for expected administrative expenses at a sales level of 500,000 units shows variable expenses of $780,000 and fixed expenses of
A flexible annual budget for expected administrative expenses at a sales level of 500,000 units shows variable expenses of $780,000 and fixed expenses of $30,000. If actual annual sales were 700,000 units, the annual flexible budget would show total administrative expenses of O $1,122,000. O 1,134,000. O $1,092,000. None of the above.
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