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Business, 28.11.2019 05:31 josie126

Rogers sports sells volleyball kits that it purchases from a sports equipment distributor. the following static budget based on sales of 2,000 kits was prepared for the year. fixed operating expenses account for 80% of total operating expenses at this level of sales. sales revenue $ 100,000 cost of goods sold (all variable) 60,000 gross margin 40,000 operating expenses 35,000 operating income $ 5,000 prepare a flexible budget based on sales of 1,400, 2,500, and 3,500 units

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