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Franklin Educational Services had budgeted its training service charge at $65 per hour. The company planned to provide 26,000 hours of training services during the

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Franklin Educational Services had budgeted its training service charge at $65 per hour. The company planned to provide 26,000 hours of training services during the year. By lowering the service charge to $58 per hour, the company was able to increase the actual number of hours to 27100 Required a. Determine the sales volume varlance, and indicate whether it is favorable (F) or unfavorable (U) (Select "None" If there is no effect (.e., zero variance).) b. Determine the flexible budget variance, and indicate whether it is favorable (F) or unfavorable (U). (Select "None" If there is no effect (le, zero variance). c. Did lowering the price of training services increase revenue? Variance Volume variance Plexible budget variance Was the oncinion profitable

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