CoursHeroTranscribedText: Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume...
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CoursHeroTranscribedText: Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit Sales Revenue 17.00 $35,000 Variable Costs 1.00 5,000 Contribution Margin 30,000 Fixed Costs 3,000 Operating Income/(Loss) $27,000 If a flexible budget is prepared at a volume of 8.900 units, calculate the amount of operating income. The production level is within the relevant range. C A. $3,000 C B. $8,900 C C. $27,000 D. $50,400
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