Question: When preparing a flexible budget, total fixed costs should remain the same as on the master budget. True or False An ideal standard is one

When preparing a flexible budget, total fixed costs should remain the

same as on the master budget. True or False An ideal standard

is one that can be achieved only under perfect conditions. True or

When preparing a flexible budget, total fixed costs should remain the same as on the master budget. True or False An ideal standard is one that can be achieved only under perfect conditions. True or False The variable overhead rate variance is the difference between the actual variable overhead rate and the standard variable overhead rate multiplied by the actual value of the cost driver. True or False

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