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A flexible budget is prepared using
the same sales price per unit that was used to prepare the static budget.
a different amount of expected sales volume than was used to prepare the static budget.
the same variable cost per unit that was used to prepare the master budget.
All of the answers are correct.
The Longs Fertilizer Company has about 500 customers that buy fertilizer on account. If the customers' accounts were kept in the general ledger, how many additional items would appear in the trial balance?
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