Which of the following is needed in order to prepare the flexible budget?
A) Standard variable overhead cost driver usages
B) Actual production levels
C) Actual overall variable costs
D) Budgeted per-unit direct materials costs
E) All of the above

Question

Quizplus · Accepted Answer

A flexible budget adjusts costs based on actual activity levels, thus it requires standard variable overhead cost driver usages (A), actual production levels (B), actual overall variable costs (C), and budgeted per-unit direct materials costs (D) to accurately reflect the costs associated with the actual level of output.

Which of the Following Is Needed in Order to Prepare