MANAGERIAL ACCOUNTING FOR MANAGERS
MANAGERIAL ACCOUNTING FOR MANAGERS
6th Edition
ISBN: 9781265365615
Author: Noreen
Publisher: MCG
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Chapter 9, Problem 9.10Q
To determine

Introduction: A flexible budget can accustom according to the variations in the business or business activities. This budget is essentially used in a way to widely account for the static budget’s revenue or cost (spending) variance which is not possible for a simple comparison of budget to actual results to do.

To explain: How two cost drivers’ flexible budget is different from one cost driver’s flexible budget.

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