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    Fundamental Managerial Accounting Concepts Study Set 1
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    If the Master Budget Prepared at a Volume Level of 20,000
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If the Master Budget Prepared at a Volume Level of 20,000

Question 51

Question 51

True/False

If the master budget prepared at a volume level of 20,000 units includes factory rent of $40,000,a flexible budget based on a volume of 21,000 units would include factory rent of $40,000.

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