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  3. hi, please find the volume variance and the flexib

Hi, Please find the Volume Variance and the Flexible Budget Variance for the above. In...

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Accounting

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Hi, Please find the Volume Variance and the Flexible Budget Variance for the above.

In addition, Please state the calculation clearly to filling out the Flexible Budget for above.

Do not copy and paste the previous answers already posted on Chegg as that answer is confusing.

The Guatemala Refugee Association sells one kind of coffee to support its activities. It is in the process of preparing a flexible budget to determine why actual excess of revenue over expenses is below budgeted. Required: Prepare a flexible budget and provide one plausible explanation for each volume and flexible budget variance. (10 marks)

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