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Infinity Clock Company prepared the following static budget for the year: 13 If a flexible budget is prepared at a volume of 7800 units, calculate

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Infinity Clock Company prepared the following static budget for the year: 13 If a flexible budget is prepared at a volume of 7800 units, calculate the amount of operating income. The production level is within the relevant range. Static Budget Units/Volume 5000 Per Unit $7.00 Sales Revenue $35,000 Variable Costs 1.00 Contribution Margin Fixed Costs 30,000 Operating Income/(Loss) $27.000 Minimized View s43 ,800 $27,000 D $7800 $3000

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