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Infinity Clock Company prepared the following static budget for the year Static Budget Units/Volume 5,000 Per Unit Sales Revenue $7.00 $35,000 Variable Costs 1.50 7,500

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Infinity Clock Company prepared the following static budget for the year Static Budget Units/Volume 5,000 Per Unit Sales Revenue $7.00 $35,000 Variable Costs 1.50 7,500 Contribution Margin 27.500 Fixed Costs 4,000 Operating Income (Loss) $23,500 If a flexible budget is prepared at a volume of 9,400 units, calculate the amount of operating income. The production level is within the relevant range. O A. $47.700 OB. $14,100 OC. $4,000 OD. $23,500 Click to select your answer. Reflector Glass Company prepared the following static budget for the year. Static Budget Units/Volume 5,000 Per Unit $5.00 1.50 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Loss) $25,000 7,500 17,500 4,000 $13,500 If a flexible budget is prepared at a volume of 9.700 units, calculate the amount of operating O A $14,650 OB. $4,000 OC. $13.500 OD. $29,950

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