All of the following are needed to prepare a flexible budget EXCEPT determining the:
A)budgeted variable cost per output unit.
B)budgeted fixed costs.
C)actual quantity of output units.
D)actual selling price per unit.

Question

Quizplus · Accepted Answer

The actual selling price per unit is not needed to prepare a flexible budget as it is already fixed and cannot be changed in the short term. The other three options are necessary to determine the budgeted costs and revenues for different levels of output.

All of the Following Are Needed to Prepare a Flexible