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In: Accounting

The following data is for the month of June for the Sylvie Co. Master Budget: Sales...

The following data is for the month of June for the Sylvie Co.

Master Budget: Sales of $8,000,000, variable cost of $4,000,000, and fixed cost of $2,000,000

Actual Results: Sales $9,500,000, variable cost $6,000,000 and fixed cost $2,500,000

Required: Calculate the sales activity and flexible budget variances for the month of June ( 5 column variance analysis ).

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