Multiple Choice
A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The operating income expected if the company produces and sells 16,000 units is:
A) $2,667.
B) $14,000.
C) $18,667.
D) $24,000.
E) $35,000.
Correct Answer:
Verified
Correct Answer:
Verified
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