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Fixed and flexed budget under margina costing approach

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Fixed and flexed budget under margina costing approach

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 4, 2021 at 8:36 am #613246
    kennigara
    Participant
    • Topics: 193
    • Replies: 250
    • ☆☆☆

    Budget was prepared under marginal costing method

    The question was that is the fixed cost under the original (fixed)l budget the same as under flexed budget if based on marginal costing approach? in fact when i found amounts absorbed and compared this figure with fixed budget’s fixed cost it was overabsorbed so we write amounts absorbed and dedcut the excess part I remember.so it is the same(fixed cost) under flexed budget

    such as amount absorbed——250000
    original fixed cost under fixed budget—200000
    over absorbed—————————-50000

    we write it 250000-50000=200000 so it becomes the same under flexed budget

    The question said 250000 fixed cost is will be under flexed budget?I rejected it is wrong

    March 4, 2021 at 9:00 am #613256
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54748
    • ☆☆☆☆☆

    I am not prepared to answer questions on yesterdays exam, given that I have not even seen the exam yet.

    There is no point whatsoever in now trying to check whether you answered questions rightly or wrongly – it is not going to change anything!!

  • Author
    Posts
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  • The topic ‘Fixed and flexed budget under margina costing approach’ is closed to new replies.

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