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What contribution margin expected if the company produces

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Problem 1: A company's flexible budget for 8,000 units of production showed sales, $34,400; variable costs, $17,600; and fixed costs, $17,000. The contribution margin expected if the company produces and sells 17,000 units is:

Multiple Choice

Option 1: $34,400.
Option 2: $51,400.
Option 3: $35,700.
Option 4: $37,400.
Option 5: $17,600.

Reference no: EM132877479

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