Under activity-based costing,the flexible-budget amount equals the static-budget amount for fixed overhead costs.

Name: Under activity-based costing,the flexible-budget amount equals the static-budget amount for fixed overhead costs.
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Quizplus · Accepted Answer

Under activity-based costing, fixed overhead costs are allocated based on the actual activity levels instead of being pre-determined in a static budget. Therefore, the flexible-budget amount for fixed overhead costs will be the same as the static-budget amount.

Under Activity-Based Costing,the Flexible-Budget Amount Equals the Static-Budget Amount for Fixed