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Need help with these questions please, the pic I posted is clear. Question 1 The Variable COGS line in the flexible budget would be calculated
Need help with these questions please, the pic I posted is clear.
Question 1 The Variable COGS line in the flexible budget would be calculated based on: Actual units x budgeted variable COGS per unit Actual units x actual variable COGS per unit O Budgeted units x budgeted variable COGS per unit O Budgeted units x actual variable COGS per unit Question 2 The Master Budget Variance equals Flexible Budget amount - Forecasted amount Actual amount - Master Budget amount Actual amount - Flexible Budget amount Flexible Budget amount - Master Budget amountStep by Step Solution
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