Flashcards
Flexed Budgets
Cards in this deck (4)
- 1What is a Flexed Budget?A budget that has been adjusted to account for a change in the level of output/activity.
- 2True/False: the cost/unit changes in a flexed budget.False
- 3True/False: Fixed costs change in a flexed budget.False
- 4At high output, 35,000 units are created with a total cost of £50000, at low output, 15,000 units are created with a total cost of £35000, what is the variable cost/unit?Difference in Cost / Difference in units = variable cost/unit
£50,000 - £35,000 = £15,000
35,000 - 15,000 = 20,000
£15,000 / 20,000 = 75p/unit
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- Level 3 Flexed Budgets Flashcards on Flexed Budgets, created by Ethan Parrish on 13/11/2025.
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- Ethan Parrish
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