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Rich & Sweet Candy Company budgeted to produce and sell 5,000 units with its static master budget contribution margin income statement consisting of the following:

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Rich & Sweet Candy Company budgeted to produce and sell 5,000 units with its static master budget contribution margin income statement consisting of the following: Sales revenue $90,000 Total variable costs 40,000 Total fixed costs 20,000 The actual units produced and sold was 20% higher than it had budgeted. In preparing its flexible budget to compare to the master budget's contribution margin income statement, what would the flexible budget's contribution margin equal? QUESTION 20 Rich & Sweet Candy Company budgeted to produce and sell 5,000 units with its budgeted revenues and costs equal to: Total Sales Revenue $100,000 Total Variable costs 30,000 Total Fixed Costs 20,000 When preparing its Flexible Budget Performance Report , its flexible budget reflected the actual produced and sold which was 10% higher than the master budget. How much is operating income given the actual units produced and sold

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