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Nina Company prepared the following fixed budget for July using 7,740 units for budgeted sales. Actual sales were 7,440 units and actual costs are shown

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Nina Company prepared the following fixed budget for July using 7,740 units for budgeted sales. Actual sales were 7,440 units and actual costs are shown below. Frepare a llexible budget performance report for July at actlvity Ievel of 7.440 units. Show variances between budgeted and actua! amounts. (Indicote the effect of each variance by selecting favorable, unfovorable, or no variance.)

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