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Onyx Company Prepared a Static Budget at the Beginning of the Month

question 108

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Onyx Company prepared a static budget at the beginning of the month. At the end of the month, the company is analyzing actual results versus budget using flexible budget methodology. Data are as follows: Onyx Company prepared a static budget at the beginning of the month. At the end of the month, the company is analyzing actual results versus budget using flexible budget methodology. Data are as follows:     Based on the above data, how much was the flexible budget variance for fixed expenses? A) $4,500 U B) $4,500 F C) $0 D) $5,490 F Onyx Company prepared a static budget at the beginning of the month. At the end of the month, the company is analyzing actual results versus budget using flexible budget methodology. Data are as follows:     Based on the above data, how much was the flexible budget variance for fixed expenses? A) $4,500 U B) $4,500 F C) $0 D) $5,490 F Based on the above data, how much was the flexible budget variance for fixed expenses?


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