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Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (8,400 units) Variable costs Contribution margin Fixed costs Net

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Jones Company developed the following static budget at the beginning of the company's accounting period: Revenue (8,400 units) Variable costs Contribution margin Fixed costs Net income $16,800 4,200 $12,600 4,200 $ 8,400 If actual production totals 8,800 units, the flexible budget would show total costs of: Multiple Choice 0 $17,200 O $8,600 O $8,700. O None of these answers are correct

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