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Assume that a companys planned level of activity was 3,500 units and its actual level of activity was 4,000 units. The spending variance for one
Assume that a companys planned level of activity was 3,500 units and its actual level of activity was 4,000 units. The spending variance for one of its mixed expenses was $900 favorable and its activity variance was $200 unfavorable. The planned and actual amounts of the fixed portion of this mixed expense were $10,000 and $9,300, respectively. What is the planned amount of this mixed expense?
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$11,200
$11,400
$11,800
$11,600
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