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Arrasmith Corporatipn uses customers served as its measure of activity. During Febiruary the company buegeted...

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Accounting

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Arrasmith Corporatipn uses customers served as its measure of activity. During Febiruary the company buegeted for 36.000 Revenue, 55 toa Wages and salarles; 534,800+$1,5B9 Supobes 50.98a insurance: $12,000 Miscellaneous oxpenses 58,000+50.469 The company reported the following actual results for Fobruary Required: Required: Prepare the company's flexible budget porformance report for February. Label each variance as favorable (F) or unfavorable (U). Predicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (0, e., xero variance). Input all amounts as positive values.) Required: Prepare the companys flevible budget performance report for february Label each variance as tavoroble (f) or untavorable (U) (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. and "None*. for no effect 0.e., a for varlance). Input all amounts as positive values.)

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