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Nina Company prepared the following fixed budget for July using 7,600 unlts for budgeted sales. Actual sales were 7,300 units and actual costs are shown

image text in transcribed Nina Company prepared the following fixed budget for July using 7,600 unlts for budgeted sales. Actual sales were 7,300 units and actual costs are shown below. Prepare a flexlble budget performance report for July at actlvily level of 7,300 units. Show varlances between budgeted and actual amounts. Note: Inclicate the effect of each varlance by selecting favorable, unfavorable, or no varlance

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