Nina Company prepared the following fixed budget for July using 7,500 units for budgeted sales....
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Nina Company prepared the following fixed budget for July using 7,500 units for budgeted sales. Actual sales were 7,200 units and actual costs are shown below. Prepare a flexlble budget performance report for July at actlvity level of 7,200 unlts. Show varlances between budgeted and actual amounts. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.)
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Nina Company prepared the following fixed budget for July using 7,500 units for budgeted sales. Actual sales were 7,200 units and actual costs are shown below. Prepare a flexlble budget performance report for July at actlvity level of 7,200 unlts. Show varlances between budgeted and actual amounts. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) 