joThompson
joThompson
10.11.2019 • 
Business

The total variable cost and fixed cost variances should be determined by using a comparison of actual costs to flexible budget amounts, but to determine the overall difference between actual costs and the static budget amounts, a manager would also have to consider extra or lost contribution margin from the difference in static budget sales volume and the flexible budget sales volume.

Solved
Show answers

Ask an AI advisor a question