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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
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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