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Ibis paper company prepared the following static budget for November. If a flexible budget is prepared at a volume of 13,300 units, calculate the operating

Ibis paper company prepared the following static budget for November. If a flexible budget is prepared at a volume of 13,300 units, calculate the operating income of 13,300 units of production. The production level is within the relevant range.

a. $172,900

b. $156,000

c. $143,000

d. $159,000

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