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Jaylon Company prepared the following static budget based on sales projections of 4,600 units: Revenue $ 69,000 Variable costs 39,500 Contribution margin 29,500 Fixed costs
Jaylon Company prepared the following static budget based on sales projections of 4,600 units:
Revenue | $ 69,000 |
---|---|
Variable costs | 39,500 |
Contribution margin | 29,500 |
Fixed costs | 10,700 |
Net income | 18,800 |
What would be reported for contribution margin on a flexible budget, assuming 9,800 units were sold?
Note: Round your intermediate calculations to two decimal places.
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