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Coronado was about to close the books on the company's second year of business. Things had gone well, but not quite as well as the
Coronado was about to close the books on the company's second year of business. Things had gone well, but not quite as well as the company had planned. Management had expected sales volume to be 24.200 units, compared to actual sales of 22,600 units. The company's budgeted information is as follows. Compare the flexible budget to the master budget. Determine the sales activity variances for all budgeted income statement accounts, specifying the amount and sign (favorable or unfavorable) for each
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