8) Which of the following is true of flexible budget?

A) It calculates total variable cost by multiplying actual units by budgeted variable cost per unit.

B) It calculates total fixed cost by multiplying actual units by budgeted fixed cost per unit.

C) It calculates revenues by multiplying budgeted units by actual selling price per unit.

D) It calculates contribution margin by multiplying budgeted units by actual contribution margin per unit.