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Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 9,000 Per Unit Sales Revenue $5.00 $45,000 Variable Costs 1.50 13,500
Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 9,000 Per Unit Sales Revenue $5.00 $45,000 Variable Costs 1.50 13,500 Contribution Margin 31,500 Fixed Costs 3,000 Operating Income/(Loss) $28,500 If a flexible budget is prepared at a volume of 8,900 units, calculate the amount of operating income. The production level is within the relevant range. Question content area bottom Part 1 A. $7,800 B. $3,000 C. $27,000 D. $28,150
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