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Exerclse 9-3 (Algo) Revenue and Spending Verlances [LO9-3] Qullcene Oysterla farms and sells oysters In the Paclfic Northwest. The company harvested and sold 7,000 pounds
Exerclse 9-3 (Algo) Revenue and Spending Verlances [LO9-3] Qullcene Oysterla farms and sells oysters In the Paclfic Northwest. The company harvested and sold 7,000 pounds of oysters August. The company's flexible budget for August appears below. The actual results for August were as follows: Requlred: Calculate the company's revenue and spending varlances for August (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le., zero varlance). Input all amounts as posltlve values.)
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