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Based on a Predicted Level of Production and Sales of 22,000

question 119

Multiple Choice

Based on a predicted level of production and sales of 22,000 units,a company anticipates total variable costs of $99,000,fixed costs of $30,000,and operating income of $36,000.Based on this information,the budgeted amount of contribution margin for 20,000 units would be:


Definitions:

Internalized Values

Beliefs or standards that individuals adopt as their own guiding principles, influencing their behavior and decision-making.

Right of Command

The authority given to a person or position to make decisions, issue orders, and expect them to be followed within an organizational hierarchy.

Relies

Depends on or trusts in someone or something for support, help, or maintenance.

Dependency

The state of relying on or being controlled by someone or something else for support, resources, or decision-making.

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