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A flexible budget variance is $1,500 favorable for unit-related costs. This indicates that: A). actual costs were $1,500 less than standard for the achieved level
A flexible budget variance is $1,500 favorable for unit-related costs. This indicates that:
A). actual costs were $1,500 less than standard for the achieved level of activity
B). actual costs were $1,500 less than for the planned level of activity
C). the sum of the planning and efficiency variances totals $1,500
D). actual costs were $1,500 more than the master budget
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