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Connor Company had the following planning budget for the month Budget for 5,000 units sold Sales $210,000 Variable costs 135,000 Contribution margin 75,000 Fixed costs

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Connor Company had the following planning budget for the month Budget for 5,000 units sold Sales $210,000 Variable costs 135,000 Contribution margin 75,000 Fixed costs 50,000 Operating income $25,000 If a flexible budget was prepared for 8,000 units sold, variable costs would be Multiple Choice $191,000 $216,000

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