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Jones Company developed the following static budget at the beginning of the company's accounting period Revenue (5,000 units) $ 15,000 Variable costs 4,000 Contribution margin

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Jones Company developed the following static budget at the beginning of the company's accounting period Revenue (5,000 units) $ 15,000 Variable costs 4,000 Contribution margin $ 11,000 Fixed costs 5,000 Net income $ 6,000 If actual production totals 4.800 units, the flexible budget would show total costs of 58,840 $8,790 $3.840 None of these are correct 59.000

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