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Find operating income expected if company produces units

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Question 1: A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed costs, $17,000. The operating income expected if the company produces and sells 17,000 units is:

Multiple Choice

Option 1: $ 7,000.

Option 2: $44,000.

Option 3: $5,000.

Option 4: $8,500.

Option 5: $22,000.

Reference no: EM132517390

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