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Assume that the planning budget for one of a company's fixed expenses is $10,000. The company's planned level of activity was 2,000 units and

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Assume that the planning budget for one of a company's fixed expenses is $10,000. The company's planned level of activity was 2,000 units and its actual level of activity was 2,200 units. The actual amount of this expense was $10,500. The activity variance for this expense is: $500 U $1,000 F $1,000 U $0

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