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Lewls Company reports the following fixed budget and actual results for May. Prepare a flexible budget performance report showing varlances between budgeted and actual results.

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Lewls Company reports the following fixed budget and actual results for May. Prepare a flexible budget performance report showing varlances between budgeted and actual results. (Indlcate the effect of the varlance by selecting favorable, unfavorable, or no varlance.)

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