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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

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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 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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