Demonstrate how the accounting team variance analysis

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Reference no: EM133443800

Question: Can you please demonstrate how the accounting team's variance analysis (Table 4) was created. First, in your report, explain a flexible budget that is commonly used to assist in variance analysis. Next, clearly show how each variance in Table 4 was calculated. Finally, describe what decisions and choices may have led to LLJ's variances and suggest improvements where applicable.

Reference no: EM133443800

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