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Exercise 7-10 Preparing a Performance Report Rivers Manufacturing Inc. has the following flexible budget formulas and amounts: Actual results for May for the production and

Exercise 7-10 Preparing a Performance Report Rivers Manufacturing Inc. has the following flexible budget formulas and amounts: Actual results for May for the production and sale of 6,000 units were as follows: Prepare a performance report for May that includes the identification of the favorable (F) and unfavorable (U) variances. Enter variance amounts as positive numbers. Rlvers Manufacturing Inc. Performance Report

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