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If the planning budget showed net income estimated to be $80,000, the flexible budget showed net income to be $82,000 and actual net income was
If the planning budget showed net income estimated to be $80,000, the flexible budget showed net income to be $82,000 and actual net income was $82,500, what is the activity variance for net income? O A. $2,000 Unfavorable B. $500 Favorable C. $2,000 Favorable D. $2,500 Favorable
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