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Johansson Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,900 units) $19,800 Variable costs 4,950 Contribution margin $14,850
Johansson Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,900 units) $19,800 Variable costs 4,950 Contribution margin $14,850 Fixed costs 4,950 Net income $ 9,900 If the actual volume of sales was 10,300 units, the flexible budget would show variable costs of
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