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3) An unfavorable variance indicates that ________. A) the actual costs are less than the budgeted costs B) the actual revenues exceed the budgeted revenues

3) An unfavorable variance indicates that ________.

A) the actual costs are less than the budgeted costs

B) the actual revenues exceed the budgeted revenues

C) the actual units sold are less than the budgeted units

D) the budgeted contribution margin is more than the actual amount

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