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A manufacturing firm uses a flexible budgeting system. It planned to manufacture and sell 100,000 units of product during the year at a variable cost
A manufacturing firm uses a flexible budgeting system. It planned to manufacture and sell 100,000 units of product during the year at a variable cost of $4.00 per unit and a fixed cost of $2.00 per unit. The firms actual incurred cost of for the year was $515,000 and the manufacturing flex budget variance is $5,000 favorable.
What was the firms actual number of units produced for the year?
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