Lenci Corporation manufactures and sells a single product. The company uses units as the measure...
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Accounting
Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance report During Mav, the company budgeted for 5,290 units, but its actual level of activity was 5,240 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Actual results for May: The spending variance for manufacturing overthead in May would be closest to: Actual results for May: The spending variarce for manufacturing overhead in May would be closest to: Multiple Choice 5923U $7630 $923F $763F
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