Relationship between fixed-variable costs used in flexible

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Describe the relationships between fixed and variable costs employed in flexible budget and the differences between static and flexible budgets? Describe how a flexible budget lends itself to the cost-volume-profit analysis?

Reference no: EM1347710

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Relationship between fixed-variable costs used in flexible : Describe the relationships between fixed and variable costs employed in flexible budget and the differences between static and flexible budgets?
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