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The electricity expense for afirm was budgeted as $2,100 but observed figures showed that the establishment spent $3,000 as an electricity expense. Calculate the relative

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The electricity expense for afirm was budgeted as $2,100 but observed figures showed that the establishment spent $3,000 as an electricity expense. Calculate the relative variance of the electricity expense for this firm by indicating the variance condition (favorable or unfavorable). 42.86% (U) 42.86% (F) 41.13% (F) 42.00% (U)

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