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