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Nina Company prepared the following fixed budget for July using 7,860 units for budgeted sales. Actual sales were 7,560 units and actual costs are shown

image text in transcribedimage text in transcribed Nina Company prepared the following fixed budget for July using 7,860 units for budgeted sales. Actual sales were 7,560 units and actual costs are shown below. Prepare a flexible budget performance report for July at activity level of 7,560 units. Show variances between budgeted and actual amounts. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance

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