Since fixed overhead does not vary with volume within the relevant range,the flexible budget will always agree with
A)actual results.
B)static budget.
C)both actual results and the static budget.
D)neither actual results nor the static budget.

Question

Quizplus · Accepted Answer

Since fixed overhead does not vary with volume within the relevant range, the flexible budget will always agree with the static budget as both will have the same amount of fixed overhead costs. Actual results may deviate from both the static and flexible budget due to changes in variable costs and volume.

Since Fixed Overhead Does Not Vary with Volume Within the Relevant