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Lewis Company reports the following fixed budget and actual results for May. Prepare a flexible...

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Accounting

Lewis Company reports the following fixed budget and actual results for May. Prepare a flexible budget performance report showing variances between budgeted and actual results. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
\table[[,Fixed Budget,Actual Results],[Sales (units produced and sold),1,390,1,590],[Sales (in dollars),$1,250 per unit,$2,036,000
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