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Assume that a company's planned level of activity is 1,100 hours and its actual level of activity is 1,000 hours. Based on this information, the

Assume that a company's planned level of activity is 1,100 hours and its actual level of activity is 1,000 hours. Based on this information, the company's activity variances for its variable expenses will: Multiple Choice all be zero. all be favorable. all be unfavorable. be favorable or unfavorable depending on each expense's cost behavior pattern

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