The following static budget is provided: Units 25,000 Units Sales $ 250,000 Less variable costs: Manufacturing costs $ 80,000 Selling
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The following static budget is provided:
|Less variable costs:|
|Selling and administrative costs||$||57,500|
|Less fixed costs:|
|Selling and administrative costs||$||21,250|
What will budgeted net income equal if 26,000 units are produced and sold? (Do not round intermediate calculations.)