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Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 9000 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 9000 Per Unit Sales Revenue $5.00 $45,000 Variable Costs 1.50 13,500 Contribution Margin 31,500 Fixed Costs 3000 Operating Income/(Loss) $28,500 If a flexible budget is prepared at a volume of 8900 units, calculate the amount of operating income. The production level is within the relevant range. O A. $28,150 OB. $13,350 OC. $3000 OD. $28,500
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