Jones Company developed the following static budget at the beginning of the company's accounting period:

Revenue (9,700 units)	$	19,400
Variable costs		4,850
Contribution margin	$	14,550
Fixed costs		4,850
Net income	$	9,700

If actual production totals 10,100 units, the flexible budget would show total costs of:

Multiple Choice

• $5,050.

• $9,900.

• $4,950.

• None of these is correct.