Assume that a companys planned level of activity is 1,000 hours and its actual level...
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Accounting
Assume that a companys planned level of activity is hours and its actual level of activity is hours. Based on this information, the companys activity variances for its mixed expenses will:
Multiple Choice
all be zero
all be favorable
all be unfavorable.
be favorable or unfavorable depending on each expenses cost behavior pattern.
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