IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Budget

Costing

Why they taken actual data for flexible budgeted ?? What is static budget?

Devisree

CMA Inter

★ 0

22-Apr-24 18:05

Answers (3)

Best Answer

Static budget means a fixed budget. When preparing a flexible budget we take the actual number of units and re state all numbers. Fixed cost remains same irrespective of the level of activity. For this reason fixed cost is taken as appearing in static budget