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Can someone help me with this question? Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected
Can someone help me with this question?
Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 8,000 units: Per Unit Revenue $ 4.00 Variable costs 1.50 Contribution margin $ 2.50 Fixed costs 2.00 Net income $ 0.50 If actual production totals 10,000 units which is within the relevant range, the flexible budget would show fixed costs of:
A) $16,000.
B) $2 per unit.
C) $20,000.
D) None of these answers is correct.
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