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 fixed costs for 20,000 units would be:
A. $99,000.
B. $90,000.
C. $150,000.
D. $30,000.
E. $66,000.
Answer: D
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Answer the following statements true (T) or false (F)
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Answer the following statement true (T) or false (F)