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Identify the following type of budget variances by indicating if they are temporary/permanent (T/P) and favorable/unfavorable (F/U). 1. $500 for new computer needed to replace

Identify the following type of budget variances by indicating if they are temporary/permanent (T/P) and favorable/unfavorable (F/U).

1. $500 for new computer needed to replace one that quit and was not repairable

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