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If an actual result is 5500 and corresponding amount of flexible...

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Management Accounting
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If an actual result is $5500 and corresponding amount of flexible budget on basis of actual level of output is $3500, then flexible budget variance will be

Answer & Solution
Correct Answer: Option D
Flexible budget variance = Actual result - Flexible budget
= $5500 - $3500 = $2,000.
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