All of the following are true of flexible budgets EXCEPT that they:
A)use the same flexible (variable)cost per unit as the master budget.
B)result in higher total costs for greater levels of production.
C)allow comparison of actual results to targets based on the achieved level of production.
D)reflect the same level of production as the master budget.

Question

Quizplus · Accepted Answer

Flexible budgets adjust costs based on the actual level of production, unlike master budgets which are based on a predetermined level of production.

All of the Following Are True of Flexible Budgets EXCEPT