The type of budget that budgets standard costs for the actual volume of production is a

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Harper Mata

Business

14 September, 05:52

The type of budget that budgets standard costs for the actual volume of production is a

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Omari Copeland · Answer 1

The type of budget that budgets standard costs for the actual volume of production is a flexible budget. In addition, a flexible budget is a specific kind of budget wherein it is heavily dependednt to the actual volume of an activity. In contrary to a static budget, it is considered to be more dynamic.