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Phoenix Company's static budget at the beginning of the period is based on a budgeted volume of 5,000 units: Per Unit Revenue $5 . 00
Phoenix Company's static budget at the beginning of the period is based on a budgeted volume of 5,000 units: Per Unit Revenue $5 . 00 Variable costs 2.00 Contribution margin $3.00 Fixed costs 2. 00 Net income $1 . 00 If actual production totals 6,000 units, which is within the relevant range, the flexible budget would show fixed costs of: Multiple Choice O $10,000. O $2 per unit. O $12,000. O None of these answers are correct
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