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Baxter Corporation's master budget calls for the production of 5,000 units per month and $144,000 indirect labor costs for the year. Baxter considers indirect labor as a component of variable overhead cost. During April, the company produced 4,500 units and incurred indirect labor costs of $10,100. What amount would be reported in April as a flexible-budget variance for indirect labor?
1) Which financial statement is used to determine cash generated from operations?
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