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Fixed and Flexible Budgets

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This chapter provides an in-depth analysis of fixed and flexible budgets. It also talks about standard cost and cost variance. The formulas included are how to find standard overhead rates, favorable or unfavorable costs, and an overhead variance report.

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Institution
North Greenville University
Course
ACCT2320








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Institution
North Greenville University
Course
ACCT2320
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Document information

Uploaded on
November 12, 2022
Number of pages
3
Written in
2022/2023
Type
Class notes
Professor(s)
Mr. martin
Contains
All classes

Subjects

  • fixed budget
  • flexible budget
  • variance summery
  • standard overhead rate
  • cost variance
  • standard costing
  • budget reports

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