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Determine the flexible budget would show fixed costs

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Reference no: EM133160385

Question - Butler Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 4,000 units:

Per unit

Revenue $4.00

Variable costs 1.50

Contribution margin $2.50

Fixed costs 2.00

Net income $0.50

Required - If actual production totals 5,000 units, determine the flexible budget would show fixed costs?

Reference no: EM133160385

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