Question 35 (1 point) Which of the following is true regarding a flexible budget? Flexible budget is another name for the static budget A flexible budget can only be created at the start of the year A flexible budget can be created for multiple production levels A flexible budget can only be created for one production level Question 36 (1 point) Using the flexible budget, what costs are included in calculating the total cost of production we Direct materials Direct materials, direct labour, variable manufacturing overhead, fixed manufacturing overhead Direct materials, direct labour, variable manufacturing overhead Direct materials, direct labour