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Lewis Company reports the following flixed budget and actual results for May. Prepare a flexlale budget performance report showing variances between budgeted and actual results.

Lewis Company reports the following flixed budget and actual results for May. Prepare a flexlale budget performance report showing

variances between budgeted and actual results.

Note: Indlcate the effect of the varlance by selecting favorable, unfavorable, or no variance.

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