Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 8,000 units: Per unit Revenue $ 4.00 Variable costs 1.50 Contribution margin $ 2.50 Fixed costs 2.00 Net income $ 0.50 If actual production totals 10,000 units which is within the relevant range, the flexible budget would show fixed costs of:
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Home » Business » Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 8,000 units: Per unit Revenue $ 4.00 Variable costs 1.50 Contribution margin $ 2.50 Fixed costs 2.00 Net income $ 0.