Multiple Choice
A company's flexible budget for 12,000 units of production showed total contribution margin of $24,000 and fixed costs,$16,000.The operating income expected if the company produces and sells 15,000 units is:
A) $34,000.
B) $10,000.
C) $18,667.
D) $8,000.
E) $14,000.
Correct Answer:
Verified
Correct Answer:
Verified
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