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Q3: ( 8 Marks) Al-Khalid Corporation, produces X-Product. The corporation prepared its manufacturing master budget for the year 2022, as follows: However actual results were

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Q3: ( 8 Marks) Al-Khalid Corporation, produces X-Product. The corporation prepared its manufacturing master budget for the year 2022, as follows: However actual results were as follows: a- calculate the flexible budget variance, showing if it is favourable (F), or unfavourable (U). b- decompose the mentioned variance into efficiency and price variance

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