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70 A hairstyling salon owner constructed a flexible budget projecting 1,000 and 1,100 customers for the month of June. The owner expects 1,000 customers but
70 A hairstyling salon owner constructed a flexible budget projecting 1,000 and 1,100 customers for the month of June. The owner expects 1,000 customers but hopes for 1,100 customers. Average sale per customer is $40. Costs include rent of $5,000; payments to hairstylists of $20 per customer; and overhead of $10 per customer. In June, the owner had 1,000 customers; actual revenue of $45,000; and actual net income of $8,000. What will the owner find concerning the total spending variance? $1,000 unfavorable $2,000 favorable $1,000 favorable $2,000 unfavorable
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