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The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 3,400 units: Revenues $ 99,000 Variable Costs (69,
The cost accountant for Carlos Candies, Inc. prepared the following static budget based on expected activity of 3,400 units: Revenues $ 99,000 Variable Costs (69, 700) Contribution Margin 29 , 300 Fixed Costs (21, 500) Net Income $ 7,800 If Carlos actually produced 2,200 units, the flexible budget would show variable costs of
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