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Calculate Flexible Budget Variance for Direct Material: Master Budget (Static Budget) Flexible Budget Actual Result Direct Material 7,000 6,000 5,500 A. $500 unfavorable B. $500

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Calculate Flexible Budget Variance for Direct Material: Master Budget (Static Budget) Flexible Budget Actual Result Direct Material 7,000 6,000 5,500 A. $500 unfavorable B. $500 favorable C. $1000 favorable D. $1500 unfavorable E. $1000 unfavorable

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