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point(s) possible Submit quiz Top managers of Stenback Industries predicted 2018 sales of 14,400 units of its product at a unit price of $8.50.

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point(s) possible Submit quiz Top managers of Stenback Industries predicted 2018 sales of 14,400 units of its product at a unit price of $8.50. Actual sales for the year were 14,100 units at $9 5m each. Variable costs were budgeted at $2.70 per unit, and actual variable costs were $2.80 per unit. Actual fixed costs of $50,000 exceeded budgeted fixed costs be $5,300 Prepare Stenback's flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance? Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Budget Amounts (1)-(3) Flexible (3)-(5) 4 Actual Budget Flexible Sales Volume Static Per Unit Results Variance Budget Variance Budget Next

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