Why should the budget allowance for variable costs be flexed? To show the costs that should have
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Why should the budget allowance for variable costs be flexed?
To show the costs that should have been incurred for the level of activity actually experienced
To average out the discrepancies between actual costs and estimated costs
To improve the income statement by under-reporting actual costs
To pad the budget in case the cost estimates were too low
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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