Examples of fixed costs and variable costs

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Reference no: EM131329484

1. All department heads are required to re-justify their fiscal needs annually during the budget cycle. Budget allocations are made accordingly. This is a description of which of the following types of budgeting?

a. Incremental budgeting.

b. Perpetual budgeting.

c. Zero-based budgeting

d. Managed care budgeting.

2. What is relevant range?

3. Give two examples of costs that are variable costs and two examples of fixed costs.

Reference no: EM131329484

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