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8. Questions 1-3 rely on the following data. MajorNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has

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8. Questions 1-3 rely on the following data. MajorNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $145 for each connector and fixed costs of $7,500 per month. MajorNet's static budget predicted production and sales of 100 connectors in August, but the company produced and sold only 84 connectors at a total cost of $21,000. 1. MajorNet's total flexible budget cost for 84 connectors per month is: Hint: variable cost + fixed cost a. $14,500. b. $12,180. c. $19,680. d. $21,000. 2. MajorNet's sales volume variance for total costs is: Hint: compare flexible budget (Q1) against static budget, static budget includes fixed cost and variable cost a. $1,320 U. b. $1,320 F. c. $2,320 U. d. $2,320 F. 3. MajorNet's flexible budget variance for total costs is: a. $1,320 U. b. $1,320 F. c. $2,320 U. d. $2,320 F.

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