Sometimes a flexible budget is used when material costs increase. budget numbers vary as the year progresses
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Question:
Sometimes a flexible budget is used when
material costs increase. |
budget numbers vary as the year progresses |
there is a significant difference in the expected levels and actual levels and a budget at the actual level is needed. |
management decides that both the master and the flexible budgets aren’t needed. |
management wants reinforcement on their estimates. |
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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