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Speedy Bikes Couriers Company prepared the following static budget for the year: Static Budget Units/Volume 6 comma 000 Per Unit Sales Revenue $ 5 $
Speedy Bikes Couriers Company prepared the following static budget for the year: Static Budget Units/Volume 6 comma 000 Per Unit Sales Revenue $ 5 $ 30 comma 000 Variable Costs 1 6 comma 000 Contribution Margin 24 comma 000 Fixed Costs 4 comma 000 Operating Income/(Loss) $ 20 comma 000 If a flexible budget is prepared at a volume of 7 comma 500, calculate the amount of operating income. The production level is within the relevant range. A. $ 20 comma 000 B. $ 4 comma 000 C. $ 26 comma 000 D. $ 7 comma 500
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