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Under-estimating production levels will likely lead to: Select one: A. Unfavorable flexible budget variances B. Favorable flexible budget variances C. Unfavorable static budget variances D.

Under-estimating production levels will likely lead to: Select one: A. Unfavorable flexible budget variances B. Favorable flexible budget variances C. Unfavorable static budget variances D. Favorable static budget variances E. None of the above

Over-estimating production levels will likely lead to: Select one: A. Unfavorable flexible budget variances B. Favorable flexible budget variances C. Unfavorable static budget variances D. Favorable static budget variances E. None of the above

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