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    Exam 23: Flexible Budgets and Standard Cost Systems
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    Kevin Company Prepared the Following Static Budget for the Year
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Kevin Company Prepared the Following Static Budget for the Year

Question 141

Question 141

Multiple Choice

Kevin Company prepared the following static budget for the year 2015: Kevin Company prepared the following static budget for the year 2015:   If a flexible budget was prepared at a volume of 7,000, calculate the amount of operating income. A) $3,500 B) $10,500 C) $6,500 D) $4,000 If a flexible budget was prepared at a volume of 7,000, calculate the amount of operating income.


A) $3,500
B) $10,500
C) $6,500
D) $4,000

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