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Assume that the static budget profit variance is - $ 2 0 0 , 0 0 0 while the flexible profit variance is + $

Assume that the static budget profit variance is -$200,000 while the flexible profit variance is +$200,000. Which of the following statements about this situation is most correct?
When the volume forecast error is accounted for, the business lost money.
When the volume forecast error is accounted for, the business broke even.
When the volume forecast error is accounted for, the business made money.
The business made a profit of $200,000.
The business made a profit of $400,000.
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