Question: true or false for eavh question 9. In a flexible budget, when the activity declines, the total variable cost also declines. 10. The main difference
9. In a flexible budget, when the activity declines, the total variable cost also declines. 10. The main difference between a flexible budget and a static budget is that the static budget is not adjusted for changes in level of activity. 11. To help assess how well a manager has controlled costs, actual costs should be compared to what the costs should have been for the actual level of activity. 12. Waste on the production line will result in an unfavorable materials price variance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
