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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:
units $
units
units
Actual units produced amounted to Actual cost incurred for water usage was $ What was Chongs cost variance for water?
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