A company’s flexible budget for 12,500 units of production showed sales, $50,000; variable costs, $20,000; and fixed costs, $15,000. The

A company’s flexible budget for 12,500 units of production showed sales, $50,000; variable costs, $20,000; and fixed costs, $15,000. The operating income expected if the company produces and sells 15,000 units is:


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