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The following table provides necessary information for preparing a flexible budget by Phillip Ad Agency for one of its client AB Toys. AB Toys Flexible

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The following table provides necessary information for preparing a flexible budget by Phillip Ad Agency for one of its client AB Toys. AB Toys Flexible Budget Information: The actual results are: Prepare a flexible budget when the actual design hours worked on AB toys is 200 hours. Write down the variance. Do not forget F or U at variance. The solution looks like

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