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What amount of operating income in the master budget

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Reference no: EM132509650

The total master-budget variance for Stallon Corporation for the month of June was $7,000 unfavorable; the total flexible budget variance was $3,000 unfavorable.

Actual results for the month showed $3,000 of net operating income.

Question a. What was the amount of operating income the flexible budget would have shown for the actual activity level for June?

Question b. What was the amount of operating income in the master budget for the month of June?

Reference no: EM132509650

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