Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit $7.

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Reflector Glass Company Prepared The Following Static Budget For The Year Static Budget Units Volume 5 000 Per Unit 7 1 (118.38 KiB) Viewed 11 times

Reflector Glass Company prepared the following static budget for the year: Static Budget Units/Volume 5,000 Per Unit $7.00 $35,000 1.50 7,500 27,500 Fixed Costs 3,000 Operating Income/(Loss) $24,500 If a flexible budget is prepared at a volume of 7,500 units, calculate the amount of operating income. The production level is within the relevant range. Sales Revenue Variable Costs Contribution Margin A. $3,000 B. $24,500 C. $11,250 $29.250