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Question 1: Glen Inc has Actual Variable Costs of $80,000 and Flexible Budget Variable Costs of $90,000. What is the flexible budget variance and is it favorable or unfavorable?
Option 1: $170,000 Favorable
Option 2: $170,000 Unfavorable
Option 3: $10,000 Unfavorable
Option 4: $10,000 Favorable
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