Question: Hello, we are doing flexible budget from managerial counting can you please help me with these 3 questions! What flexible budget for profit centres consist

Hello, we are doing flexible budget from managerial counting can you please help me with these 3 questions!

  1. What flexible budget for profit centres consist and for what items manager of profit centre is responsible?
  2. What are the assumptions for flexible budget preparation?
  3. Explain performance report and variances that could appear.

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