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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 Operating Income/(Loss)
Infinity Clock Company prepared the following static budget for the year. Static Budget Units/Volume Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income/(Loss) 9,000 Per Unit $3.00 1.00 $27,000 9,000 18,000 4,000 $14,000 If a flexible budget is prepared at a volume of 6,200 units, calculate the amount of operating income. The production level is within the relevant range. OA. $6,200 OB. $4,000 OC. $14,000 OD. $8,400
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