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Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (8,900 units) $ 17,800 Variable costs 4,450 Contribution margin
Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (8,900 units) $ 17,800 Variable costs 4,450 Contribution margin $ 13,350 Fixed costs 4,450 Net income $ 8,900 If actual production totals 9,300 units, the flexible budget would show total costs of
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