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A favorable output quantity variance indicates that Group of answer choices The actual billed hourly rate exceeds the budgeted billed hourly rate Budgeted billed hours

A favorable output quantity variance indicates that

Group of answer choices

The actual billed hourly rate exceeds the budgeted billed hourly rate

Budgeted billed hours exceed actual billed hours

The budgeted billed hourly rate exceeds the actual billed hourly rate

Actual billed hours exceed budgeted billed hours

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