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 $7,000. $44,000. $5,000. $8,500. $22,000. A company's flexible budget for 8,000 units of production showed sales, $64,000; variable costs, $32,000; and fixed costs, $19,000. The contribution margin expected if the company produces and sells 15,000 units is: Multiple Choice $25,000. $32,000. $17,000. $60,000. $55,000
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