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flexed budget question

Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › flexed budget question

  • This topic has 1 reply, 2 voices, and was last updated 15 years ago by AvatarAnonymous.
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  • October 13, 2010 at 3:13 pm #45546
    AvatarNat
    Participant
    • Topics: 2
    • Replies: 7
    • ☆

    Hi everyone
    could someone please make me clear the question on flexed budgeting?

    It is stated that flexed budget is revised to reflect the actual level

    So when in the question we are given the budgeted quantity and price for the stated quantity and then the actua quantity and actual price for that quantity,

    for flexed budget preparing do we have to take the actual quality or actual price?

    Thanks in advance.

    October 17, 2010 at 6:51 pm #69307
    AvatarAnonymous
    Inactive
    • Topics: 0
    • Replies: 3
    • ☆

    Using the budget price, costs and mix restate the budgeted p&l using the actual quality.

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