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Nina Company prepared the following flxed budget for July using 7,800 units for budgeted sales. Actual sales were 7,500 units and actual costs are shown

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Nina Company prepared the following flxed budget for July using 7,800 units for budgeted sales. Actual sales were 7,500 units and actual costs are shown below. Prepare a flexible budget performance report for July at activity level of 7,500 units. Show variances between budgeted ano actual amounts. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)

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