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PP has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U

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PP has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance. The actual amount spent for Material C was: a. 46500 b. 45500 c. 23800 d. 33100

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