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Can you summarize chapter 10.1 Flexible Budgets and help me understand howFlexible Budgets are used to evaluate performance? Chapter 10 source: 10.1 Flexible Budgets https://saylordotorg.github.io/text_managerial-accounting/s14-01-flexible-budgets.html

Can you summarize "chapter 10.1 Flexible Budgets" and help me understand howFlexible Budgets are used to evaluate performance?

Chapter 10 source:10.1 Flexible Budgets

https://saylordotorg.github.io/text_managerial-accounting/s14-01-flexible-budgets.html

***Can you please provide numerical example(s) to support your explanations. Thank you!

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