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Assume that a company provided the following excerpts of information from its flexible budget performance report: Flights (q) Revenue (7q) Actual Results 55 $ 11,550

Assume that a company provided the following excerpts of information from its flexible budget performance report: Flights (q) Revenue (7q) Actual Results 55 $ 11,550 Flexible Budget Planning Budget ? 50 $ 11,000 $ 7 What is the amount of the revenue in the planning budget? Multiple Choice $10,000 $11,500 $11,000 $10.500

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