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Chong Corporation recently prepared a flexible budget for water usage at its manufacturing plant. Budgeted water cost at various projected production levels is as follows:

Chong Corporation recently prepared a flexible budget for water usage at its manufacturing plant. Budgeted water cost at various projected production levels is as follows:
50,000 units $ 9,000
75,000 units 13,500
90,000 units 16,200
Actual units produced amounted to 60,000. Actual cost incurred for water usage was $9,500. What was Chongs cost variance for water?

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