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Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume Sales Revenue Variable Costs Contribution Margin Fixed Costs 5,000 Per Unit
Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume Sales Revenue Variable Costs Contribution Margin Fixed Costs 5,000 Per Unit $3.00 1.00 $15,000 5,000 10,000 4,000 $6,000 Operating Income/(Loss) If a flexible budget is prepared at a volume of 9,600 units, calculate the amount of operating income. The production level is within the relevant range. OA. $9,600 OB. $15,200 C. $6,000 D. $4,000
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