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Budgeting and Variance Analysis at Apple Inc. Values: Budgeted Sales: 1.5 million units Actual Sales: 1.2 million units Contribution Margin per Unit: $500 Requirements: Prepare

Budgeting and Variance Analysis at Apple Inc.

Values:

Budgeted Sales: 1.5 million units
Actual Sales: 1.2 million units
Contribution Margin per Unit: $500

Requirements: Prepare a variance report comparing actual and budgeted results for Apple's iPhone division.

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