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Business, 06.07.2019 05:10 destyneedonnea

Infinity clock company prepared the following static budget for the year: static budget units/volume 7 comma 000 per unit sales revenue $ 3.00 $ 21 comma 000 variable costs 1.50 10 comma 500 contribution margin 10 comma 500 fixed costs 3 comma 000 operating income/(loss) $ 7 comma 500 if a flexible budget is prepared at a volume of 6 comma 900 units, calculate the amount of operating income. the production level is within the relevant range.

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