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Jones Company developed the following static budget at the beginning of the company's accounting period Revenue (9,300 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 (9,300 units) Variable costs Contribution margin Fixed costs Net income $18,600 4,650 $13,950 4,650 $9,300 If actual production totals 9,700 units, the flexible budget would show total costs of Multiple Choice $4,850 $9,500 None of these is correct
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