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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Results Flights (9) 55 Revenue ($200.000) $11,550 Flexible

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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Results Flights (9) 55 Revenue ($200.000) $11,550 Flexible Planning Budget Budget ? 50 $ ? $ ? What is the amount of the revenue variance? Multiple Choice $1,550 F $50 F $1,000 F $550 F

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