Is the president's pleasure justified? Complete a revised performance reort tgat uses a flexible budget...

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Is the president's pleasure justified? Complete a revised performance reort tgat uses a flexible budget compared to actual results.
7-22. FLEXIBLE BUDGET. Bryant Company's budgeted prices for direct materials, direct manufacturing labor, and direct marketing (distribution) labor per attach case are $43,$6, and $13, respectively. The president is pleased with the following performance report: Actual output was 10,000 attach cases. Assume all three direct-cost items shown are variable costs

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