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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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