Which of the following items will be same for a flexible budget and a master budget?
A) total variable cost
B) total fixed costs
C) total contribution margin
D) total revenues

Name: Which of the following items will be same for a flexible budget and a master budget? A) total variable cost B) total fixed costs C) total contribution margin D) total revenues
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Question

Quizplus · Accepted Answer

Total fixed costs remain the same in both flexible and master budgets because they do not change with the level of production or sales volume.

Which of the Following Items Will Be Same for a Flexible