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E10-26A (similar to): Flexible Budget Nanco Industries has a relevant range extending to 31,500 units each month. The following performance report provides information about Nanco's
E10-26A (similar to): Flexible Budget Nanco Industries has a relevant range extending to 31,500 units each month. The following performance report provides information about Nanco's budget and actual performance for September Requirement: Find the missing data for letters A - G. Be sure to label any variances as favorable or unfavorable. (Hint: A and B are titles.) Flexible Budget Performance Report Actual Flexible Master Budget Budget Output units 29,000 31,500 Sales revenue $246,500 5,800 F (D) Operating expenses: Variable expenses $195,300 Fixed expenses $18,000 (F $23,500 Total operating expenses (G) (C)
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