Operating income expected, Accounting Basics

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Operating income expected

A company's flexible budget for 12,000 units of production showed sales, $48,000, variable costs, $18,000, and fixed costs, $16,000. The operating income expected if the company produces and sells 16,000 is:

A. $2,667

B. $14,000

C. $18,667

D. $24,000

E. $35,000

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Accounting Basics: Operating income expected

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Accounting Basics: Operating income expected

Reference No:- TGS070227

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Accounting Basics: Operating income expected

Reference No:- TGS070227

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