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Varrlano Corporation bases its budgets on the actlvity measure customers served. During October, the company planned to serve 38,000 customers, but actually served 36,000 customers.
Varrlano Corporation bases its budgets on the actlvity measure customers served. During October, the company planned to serve 38,000 customers, but actually served 36,000 customers. The company has provided the following data concerning the formulas it uses In Its budgeting: Requlred: Prepare a report showing the company's activity varlances for October. Indicate in each case whether the varlance Is favorable (F) or unfavorable (U). (Indlcate the effect of each varlance by selectling "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values.)
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