Flexible-budget variance
Revision as of 13:06, 10 July 2020 by QiratH (talk | contribs) (Created page with "Flexible-budget variance is the difference between an actual result and the corresponding flexible-budget amount based on the actual output level in the budget period. ==...")
Flexible-budget variance is the difference between an actual result and the corresponding flexible-budget amount based on the actual output level in the budget period.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Flexible-budget variance. The difference between an actual result and the corresponding flexible-budget amount based on the actual output level in the budget period.
