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The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,000 units Revenues Variable Costs. Contribution Margin

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The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 2,000 units Revenues Variable Costs. Contribution Margin Fixed Costa Net Income $ 64,000 (34,000) 30,000 (18,000) $ 12,000 If Carlos actually produced 1,500 units, the flexible budget would show variable costs of

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