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Top managers of Smith Industies predicted 2024 sales of 15.000 units of its product at a unit price of $10.00. Actual sales for the year
Top managers of Smith Industies predicted 2024 sales of 15.000 units of its product at a unit price of $10.00. Actual sales for the year were 14.300 units at $11.00 each Veriable costs ware Prepare Smith's fexible budget performance report. What variance contributed most to the years favorable results? What caused this vallance? Prepare a flevole budget performance report for the year. First, complele the flexible budget performance report through the contribution margin line, then complefe the repart ahrough ihe
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