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A company is analyzing month-end results using a flexible budget which also contains the original static budget. This month the actual sales volume was lower
A company is analyzing month-end results using a flexible budget which also contains the original static budget. This month the actual sales volume was lower than projected in the static budget.
What kind of variance would that produce?
Group of answer choices
Unfavorable volume/activity variance for variable expenses
Unfavorable volume/activity variance for sales revenue
Unfavorable spending variance for variable expenses
Unfavorable revenue variance for sales revenue
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