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The following information is taken from the static budget income statement of the Masters Corporation: Sales = $500,000 Variable costs =250,000 Fixed costs =100,000 Net
- The following information is taken from the static budget income statement of the Masters Corporation:
- Sales = $500,000
- Variable costs =250,000
- Fixed costs =100,000
- Net income =$150,000
What would be the budgeted net income for a flexible budget based on sales of $600,000?
$180,000
$230,000
$250,000
$200,000
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