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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7 , 3 0 0 pounds of oysters in August.
Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold pounds of oysters in
August. The company's flexible budget for August appears below:
The actual results for August appear below:
Required:
Calculate the company's revenue and spending variances for August. Indicate the effect of each variance by selecting F for
favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values.
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