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Nina Company prepared the following fixed budget for July using 7,900 units for budgeted sales. Actual sales were 7.600 units and actual costs are shown

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Nina Company prepared the following fixed budget for July using 7,900 units for budgeted sales. Actual sales were 7.600 units and actual costs are shown below. Prepare a flexible budget performance report for July at activity level of 7.600 units Show variances between budgeted and actual amounts. (lndicote the effect of each variance by selecting fovorable, unfavorable, or no variance.)

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