Question: Using the static budget, calculate the variable cost/unit and prepare a flexible budget. Do not enter dollar signs or commas in the input boxes. Round

Using the static budget, calculate the variable cost/unit and prepare a flexible budget. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Static Budget Variable Cost/Unit Flexible Budget Units Produced and Sold 5,500 1 4,600 Revenue 225,500 Variable Costs 99,000 Contribution Margin 126,500  Fixed Costs 39,000  Operating Income 87,500

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