In a conventional flexible budget only one cost driver is used while several cost drivers are used in an activity-based flexible budget.
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Q12: A flexible budget is not based on
Q13: The variable-overhead spending variance is the real
Q14: Budgeted fixed overhead is the basis for
Q15: Total budgeted monthly overhead cost can be
Q16: The real cost of underutilizing productive capacity
Q18: Standard cost variances are automatically closed to
Q19: An activity base or cost driver applies
Q20: Overhead application can use standard costing to
Q21: An unexpected increase in property taxes on
Q22: A company based its fixed overhead cost
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