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Assume the following information for one of a companys variable expenses: The actual amount of the expense is $8,300. The planned level of activity is
Assume the following information for one of a companys variable expenses:
- The actual amount of the expense is $8,300.
- The planned level of activity is 1,000 hours.
- The spending variance is $200 unfavorable.
- The cost formula is $9.00 per hour.
The activity variance must be:
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