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Hampton Muffins sells its muffins to restaurants and coffee houses for an average selling price of $27 per case. The following information relates to the
Hampton Muffins sells its muffins to restaurants and coffee houses for an average selling price of $27 per case. The following information relates to the budget for Hampton Muffins for this year (all figures are annual totals unless otherwise noted): During the year, Hampton Muffins actually sold 9, 200 cases, resulting in total sales revenue of $256,000. Actual expenses (in total) from this year are as follows: Requirement Construct a flexible budget performance report for H variance is favorable (F) or unfavorable (U)
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