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4 pts Question 8 Westside Chair Inc. has prepared a static budget at the beginning of the month. At the end of the month the

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4 pts Question 8 Westside Chair Inc. has prepared a static budget at the beginning of the month. At the end of the month the following information is available: Static Budget: Sales volume: 1,000 units: Price $70 per unit Variable costs: $32 per unit: Fixed costs: $37,500 per month Operating Income: $500 Actual Results: Sales volume: 990 units: Price $74 per unit Variable costs: $35 per unit: Fixed costs: $33,000 per month Operating Income: $40,600 Calculate the flexible budget variance for fixed costs. $4,500 F $5,490 F $4,500 U SO

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