Johns vehicle expense budget for November is based on an estimated 3,000 miles and an...
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Accounting
Johns vehicle expense budget for November is based on an estimated 3,000 miles and an estimated cost of $0.24 per mile. In November, he instead actually drove 2,800 miles with an actual total cost of $700. Which of the following variances would be shown on a flexible budget performance report?
a. $50 F b. $20 F c. $28 U d. $30 U
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