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20 October, 21:45

What budgeted amounts appear on the flexible budget report?

a. Actual costs for the budgeted activity level.

b. Actual costs for the estimated activity level.

c. Budgeted amounts for the actual activity level achieved.

d. Original budgeted amounts at the static budget activity level.

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  1. 20 October, 21:49
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    The correct answer is C

    Explanation:

    Flexible budget report is the report of management which compares the actual revenue or profit with the costs of the period or year along with the budgeted revenues or profits and the costs is grounded on the actual sales volume.

    The amount appears on the report of the flexible budget is the budgeted amounts for the actual level of the activity achieved.
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