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Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,600 units) Variable costs Contribution margin Fixed costs
Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (9,600 units) Variable costs Contribution margin Fixed costs Net income $19,200 4,800 $14,400 4,800 $ 9,600 If actual production totals 10,000 units, the flexible budget would show total costs of Multiple Choice $5,000. $9,800
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