Flexible budget

flexible budget
A budget that flexes with volume. Under a flexible budget the budgeted amount of manufacturing overhead will increase if the company produces more units than planned.

any difference between actual factory overhead costs and standard (flexible budget) costs, multiplied by the standard units of activity allowed for actual production. The budget variance is used in the two-way analysisof factory overhead.

FLEXIBLE BUDGET - based upon different levels of activity. It is a very useful tool for comparing actua...
FLEXIBLE EXPENSES - Expenses for an individual or corporation that can be adjusted or completely dispes...

Flexible budget
A method of budgetary control that flexes, i.e. adjusts the original budget by applying standard
prices and costs per unit to the actual production volume.
Incremental budget ...

Flexible budget: A "budget" prepared after the end of the period that multiplies the originally-budgeted cost (or revenue) per unit by the actual units made (or sold).

Flexible budget
A budget that shows how costs vary with different rates of output or at different levels of sales volume and projects revenue based on these different output levels.
Flexible expenses ...

Flexible budget (variable budget) - A budget based on different volumes of activity. It is an extremely useful tool for the comparison the actual cost incurred to the cost that are allowed for a given activity level.

Flexible budget
A flexible budget is a budget that is designed to cover a range of activity rather than a single point. It can be used to develop budgeted revenues and/or costs anywhere within that range to compare against actual results.

Flexible Budgets
The previous chapter provided a comprehensive budget illustration using a static budget. The static budget is one that is developed for a single level of activity. It is very useful for planning and control purposes.

Flexible Budgets
A static budget is a budget created for one level of activity.

Without flexible budgeting, money allocated for one purpose could not be reallocated during a fiscal emergency.

Exchange traded equity or index options, where the investor can specify within certain limits, the terms of the options, such as exercise price Expiration date, exercise type, and settlement calculation.
Flexible budget ...

To ensure that you can weather another market decline, your aims should include building a retirement fund (or replenishing it if you already had one), saving a fixed amount of money every month and establishing a more flexible budget.

flexible budget A set of revenue and expense projections at various production or sales volumes.... flexible expense An expense that can be adjusted or eliminated, such as for luxury items, such as clothes or CDs.

Flexible budget: a budget which is flexed to recognize the difference in behavior of fixed and variable costs in relation to levels of output. Total budgeted costs changed to accord with changed levels of activity.

See also: Expense, Fixed cost, Capital expenditure, Saving, Cost of goods