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Seinfeld Company planned to produce 12,000 units. This level of activities required 20 set-ups at a cost of $18,000 plus $500 per set-up. Actual sales
Seinfeld Company planned to produce 12,000 units. This level of activities required 20 set-ups at a cost of $18,000 plus $500 per set-up. Actual sales were 10,000 units, requiring 15 set-ups and 12,000 machine hours. Actual set-up cost was $26,000. _____ is the flexible-budget variance for set-ups.
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