T 10) Stafford Company prepared a static budget that for a production and sales volme of 10,000 umits 10) Per unit Static Budget standards Number of umits Sales revenue Variable manufacturing costs $ 10,000 $ 650,000 $ 65.00 Materials $ 11.00 $ 9.00 $ 4.20 $ 11.00 110,000 90,000 42,000 110,000 Labor Overhead Variable general, selling, and administrative Costs Contribution margin Fixed costs $ 298,000 Manufacturing overhead General, selling, and administrative costs Net income 100,800 45,000 S 152,200 What is net income if 9,000 units are sold? A) $137,300 B) $152,100 C) $122,400 D) $152,400 11) The research and development department of Apple Computers would likely be organized as: A) An investment center. 11) B) A cost center D) A profit center. C) A revenue center