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The actual information pertains to the third quarter. As part of the budgeting process, the Nosy Department of Women's Fragrances Corporation had developed the following

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The actual information pertains to the third quarter. As part of the budgeting process, the Nosy Department of Women's Fragrances Corporation had developed the following static budget for the third quarter. Nosy is in the process of preparing the flexible budget and understanding the results. The primary reason for high actual operating profits was: the variable-cost variance increased fixed costs lawer sales volume than planned higher sales volume than planned

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