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Question 6 (13 marks) Complete the following variance analysis for Nimbus Industries. Flexible Budget Variance Static (Master) Budget Actual Results Units Sold 75,000 80,000 Revenue

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Question 6 (13 marks) Complete the following variance analysis for Nimbus Industries. Flexible Budget Variance Static (Master) Budget Actual Results Units Sold 75,000 80,000 Revenue $975,000 $1,030,000 Variable costs 330,000 345,000 Contribution margin 645,000 3,000 U Fixed costs 203,000 210,000 7,000 U Operating profit

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