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Answer the following questions using the information below:
Alice Springs Corporation manufactures industrial-sized water coolers and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information pertains to the company's manufacturing overhead data:
-What is the flexible-budget variance for variable manufacturing overhead?
Forecasts Characteristics
Features or attributes of predictions about future events, such as demand or market trends, including accuracy, reliability, and timeliness.
Solver
In computational mathematics, a solver is an algorithm or software application used to solve mathematical, engineering, or logistical problems.
Mean Absolute Deviation
A statistical measure that summarizes the absolute differences between individual data points and their mean, indicating data variability.
Mean Absolute Deviation
A statistical measure of the average absolute deviations from a central point, typically the mean or median.
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