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Infinity Clock Company prepared the following static budget for the year. Static Budget UnitsVolume 9,000 Per Unit Sales Revenue $5 $45,000 Variable Costs 13,500 Contribution

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Infinity Clock Company prepared the following static budget for the year. Static Budget UnitsVolume 9,000 Per Unit Sales Revenue $5 $45,000 Variable Costs 13,500 Contribution Margin 31,500 Fixed Costs 4,000 Operating income (Loss) $27,500 If a flexible budget is prepared at a volume of 7,400 units, calculate the amount of operating income. The production level is within the relevant rango. 1.5 A $27,500 B. $21.900 C$4.000 OD $11,100

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