If a company has 10% higher sales than budgeted in the master budget, this will cause the fixed expenses to show generally unfavourable variances on the flexible budget performance report.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If a company has 10% higher sales than budgeted in the master budget,
this will cause the fixed expenses to show generally unfavourable
variances on the flexible budget performance report.
O True
False
Transcribed Image Text:If a company has 10% higher sales than budgeted in the master budget, this will cause the fixed expenses to show generally unfavourable variances on the flexible budget performance report. O True False
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