Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit $3 1.5 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Loss) $15,000 7,500 7,500 4,000 $3,500 If a flexible budget is prepared at a volume of 7,300 units, calculate the amount of operating income. The production level is within the relevant range. CILING pg O A. $4,000 B. $3,500 C. $10,950 D. $6,950 la d ate The budgeted production of Capricorn, Inc. is 14,000 units per month. Each unit requires 20 minutes of direct labor to complete The direct labor rate is $100 per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) O A. $466,667 O B. $1,400,000 O C. $93,333 OD. $70,000 w