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If Sales are budgeted for $25,000 in the flexible budget and the Actual Results are $30,000, this will result in a $5,000 unfavorable variance.
If Sales are budgeted for $25,000 in the flexible budget and the Actual Results are $30,000, this will result in a $5,000 unfavorable variance. (Assume both the flexible budget and actual results are based on the same number of units sold) Oa. True O b. False
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Financial Accounting Theory and Analysis Text and Cases
Authors: Richard G. Schroeder, Myrtle W. Clark, Jack Cathey
11th edition
9781118806500, 1118582799, 1118806506, 978-1118582794
