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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Results 8 260 Flexible Planning Budget Budget ?

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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Results 8 260 Flexible Planning Budget Budget ? 9 ? 270 Flights (9) Students (92) Expenses : Administrative expense ($125 + $ 250q1 + $3092) $ 8,900 ? $ ? What is the administrative expense spending variance? Multiple Choice $1,350 F $1,575 F $1,125 F $1,025 F

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