Multiple Choice
A company's flexible budget for 15,000 units of production showed sales of $48,000, variable costs of $18,000, and fixed costs of $12,000. The operating income in the master budget for 20,000 units, to the nearest dollar, would be:
A) $8,000.
B) $13,500.
C) $24,000.
D) $28,000.
E) $30,000.
Correct Answer:
Verified
Correct Answer:
Verified
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