Essay
Galligan Corporation bases its budgets on the activity measure customers served.During July,the company planned to serve 30,000 customers.The company has provided the following data concerning the formulas it uses in its budgeting: 
The company has also furnished its income statement for July: 
Required:
Prepare a report showing the company's activity variances for July.Indicate in each case whether the variance is favorable (F)or unfavorable (U).
Correct Answer:
Verified
Correct Answer:
Verified
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