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The budgeted and actual results of Powers Inc for the month of June were as follows. The company uses a marginal costing system. There were
The budgeted and actual results of Powers Inc for the month of June were as follows. The company uses a marginal costing system. There were no opening and closing inventories. The following information relates to cost behaviour: Other costs consist of fixed costs of $2,000, plus a variable cost of $1.50 per unit made and sold. What are the Flexible Budget's Profit/Loss, and the related Variance when compared to the Actual Results' Profit? Select one: A. $12,100 and $4,400(F) B. $17,250 and $1,250(F) C $12,100 and $6,400(F) D. $17,250 and $750(A)
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