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Question
Infinity Clock Company prepared the following static budget for the? year:
Static Budget
?Units/Volume
9 comma 000
9,000
Per Unit
Sales Revenue
$ 7.00
$7.00
$ 63 comma 000
$63,000
Variable Costs
1.00
Contribution Margin
54 comma 000
54,000
Fixed Costs
3 comma 000
3,000
Operating? Income/(Loss)
$ 51 comma 000
$51,000
If a flexible budget is prepared at a volume of 8 comma 400 8,400 ?units, calculate the amount of operating income. The production level is within the relevant range.
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please answer the following questions. please refer to some of the following individual companies for examples ge
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