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Assume that the amount of one of a company s variable expenses in its flexible budget is $ 4 0 , 0 0 0 .

Assume that the amount of one of a company

s variable expenses in its flexible budget is $

40, 000 .

The actual amount of the expense is $

42, 000

and the amount in the company

s planning budget is $

41, 600 .

The activity variance for this expense is:

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