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