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Cost Accounting Final exam

?

The flexible-budget variance for total costs measures

What the costs and revenues should have been for the budgeted number of outputs
The difference between budgeted expenditures and actual expenditures for the budgeted number of output unitsThe difference between budgeted and actual variable costs
The difference between expected expenditures for the actual number of outputs and the actual expenditures for the actual number of outputs

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (D)

The difference between expected expenditures for the actual number of outputs and the actual expenditures for the actual number of outputs

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