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Figliola Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 6,700 units, but its actual level of activity was 6,680 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:
Data used in budgeting: Actual results for October:
-The selling and administrative expenses in the planning budget for October would be closest to:
Public Records
Public records are documents or pieces of information that are not considered confidential and are kept by government agencies, accessible by the general public, including records like birth certificates, court records, and property deeds.
Acknowledged
means recognized or accepted as being true or existing, often officially or formally.
Lodger
A person who has the use of property without actual or exclusive possession of it.
Direct Owner
Refers to the person or entity that has legal possession and full control over a property or asset.
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