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Assume the following information for one of a company's variable expenses: - The amount of the expense in the planning budget is $9,000. - The
Assume the following information for one of a company's variable expenses: - The amount of the expense in the planning budget is $9,000. - The cost formula is $9.00 per hour. - The actual level of activity is 900 hours. - The spending variance is $170 unfavorable. The actual amount of the expense must be: Multiple Choice $8,470. $8,100. $8,270. $8,770
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