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Sales volume (in units) Actual Flexible Static Results Budget Budget 18,000 23,000 Sales revenues $900,000 $1,150,000 Variable costs 360,000 $ 463,910 Contribution margin 540,000 686,090
Sales volume (in units) Actual Flexible Static Results Budget Budget 18,000 23,000 Sales revenues $900,000 $1,150,000 Variable costs 360,000 $ 463,910 Contribution margin 540,000 686,090 Fixed costs 275,300 269,500 Operating profit $264,700 $416,590 The flexible budget will report for variable costs. (Please use the following format: 000,000) (Don't add dollar sign, round the answer and no decimal)
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