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Jones Company developed the following static budget at the beginning of the company's accounting period: Contribution margin Revenue (8,400 units) Variable costs Fixed costs Net
Jones Company developed the following static budget at the beginning of the company's accounting period: Contribution margin Revenue (8,400 units) Variable costs Fixed costs Net income $16,800 4,200 $12,600 4,200 $ 8,400 If actual production totals 8,800 units, the flexible budget would show total costs of: Multiple Choice $17,200. $8,600. $8,700. None of these answers are correct
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