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V . ACME Corp. prepared the planning budget items based on 1 7 0 0 serving of meals for a period. Actually 1 8 0

V. ACME Corp. prepared the planning budget items based on 1700 serving of meals for a period. Actually 1800 meals are served during the period and financial records are given below. Prepare the Flexible Budget of the period, compute the variances and evaluate if (F) or (U),
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