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Hoppy Corporation compares monthly operating results to static budget prepared at the beginning of the month. When the actual activity is more than the budgeted

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Hoppy Corporation compares monthly operating results to static budget prepared at the beginning of the month. When the actual activity is more than the budgeted activity, which of the following is true? Variable costs would show unfavourable variances. Variable costs would show favourable variances. Fixed costs would show unfavourable variances. Fixed costs would show favourable variances

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