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A company has a favorable master (static) budget variance for direct labor amounting to $1,500. company has an unfavorable sales volume (activity) variance for direct

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A company has a favorable master (static) budget variance for direct labor amounting to $1,500. company has an unfavorable sales volume (activity) variance for direct labor of $500. What is the company's flexible budget (spending) variance for direct labor? $1,000 Favorable $1,000 Unfavorable $2,000 Favorable $2,000 Unfavorable None of the above

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