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Brief Exercise 15-5 (Algo) Determining flexible budget variances LO 15-5 Mustang Manufacturing Company's standard and actual price and cost data follows. Required a. & b.

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Brief Exercise 15-5 (Algo) Determining flexible budget variances LO 15-5 Mustang Manufacturing Company's standard and actual price and cost data follows. Required a. \& b. Determine the flexible budget variances. Classify the variances as favorable or unfavorable. Note: Select "None" if there is no effect (i.e., zero variance)

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