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Vertex Company prepared the following static budget for the coming month: Static Budget Units/volume 12,000 Per Unit Sales revenue $20.00 $240,000 Variable expenses $9.00 108,000
Vertex Company prepared the following static budget for the coming month: Static Budget Units/volume 12,000 Per Unit Sales revenue $20.00 $240,000 Variable expenses $9.00 108,000 Contribution margin 132,000 Fixed expenses 130,000 Operating income/(loss) $2,000 If a flexible budget was prepared at a volume of 13,000 units, how much would the operating income be? |
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