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A Flexible Budget Variance Is $1,500 Favorable for Unit-Related Costs

Question 105

Multiple Choice

A flexible budget variance is $1,500 favorable for unit-related costs.This indicates that:


A) actual costs were $1,500 more than the master budget.
B) actual costs were $1,500 less than standard for the achieved level of activity.
C) the sum of the planning and efficiency variances totals $1,500.
D) actual costs were $1,500 less than for the planned level of activity.

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