Using a flexible budget is necessary to: 001 Multiple Choice eBook permit a more accurate determination of variances. revise budget goals at the beginning of a period. adjust budgeted results so they are closer to actual amounts. eliminate the effect of cost behavior patterns on budgeted amounts. U.S. Products operates two divisions with the following sales and expense information for the month of May: North Division: Sales $240,000; Operating income $72,000, Operating assets $600,000. South Division: Sales $160,000; Operating income $80,000, Operating assets $800,000. U.S. Products expects a minimum return of 10% should be earned from all investments, North Division's return on investment for May is: eBook Multiple Choice 10%. o 12%. o 20%. o 30%. C