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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 $41,200

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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 $41,200 and the amount in the company's planning budget is $44,000. The spending variance for this expense is: Multiple Choice $1,200 U. $2,400 F. $1,200 F. $2,400 U

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