What is the initial step in preparing a flexible budget?


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What is the initial step in preparing a flexible budget? 1 answer below ยป 1. A flexible budget (a) shows fixed costs as constant amounts of cost per unit of activity, (b) shows variable costs as constant amounts of cost per unit of activity, or (c) is prepared based on one expected amount of budgeted sales or production. 2. What is the initial step in preparing a flexible budget? 3. What is the main difference between a fixed and a flexible budget? 4. What is the contribution margin? Jul 24 2014 07:50 AM

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