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Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,000 units) Variable costs Contribution margin Fixed costs Net

Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,000 units) Variable costs Contribution margin Fixed costs Net income $18,000 4,500 $13,500 4,500 $ 9,000 If actual production totals 9,400 units, the flexible budget would show total costs of: Multiple Choice $4,700. $9,200. $4,600

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