Question: Question 20 (1 point) A flexible budget variance analysis isolates variances by taking into account differences in material consumption versus budget fixed cost differences versus

Question 20 (1 point) A "flexible budget" variance analysis "isolates" variances by taking into account differences in material consumption versus budget fixed cost differences versus budget production/sales volume differences versus budget price differences versus budget Question 21 (1 point) True or False: "Variable" costing, with regards to inventory valuation, allows fixed manufacturing overhead costs incurred by a company to be assigned to inventory, but does not allow variable non-manufacturing costs to be assigned to inventory. True False

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