MANAGERIAL ACCOUNTING FOR MANAGERS
MANAGERIAL ACCOUNTING FOR MANAGERS
5th Edition
ISBN: 9781265056278
Author: Noreen
Publisher: MCG
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Chapter 9, Problem 9.9Q
To determine

Concept introduction:

Budgets can be divided into two basic categories; static budget and flexible budget. A flexible budget is prepared at different levels of sale and the values of the flexible budget change with the change in the level of sales. On the other hand, a static budget is prepared for a fixed volume of sales and the values of the static budget do not change with the change in volume of sales.

To indicate: the difference between a flexible budget based on two cost drivers and a flexible budget based on one cost driver.

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