Explain your understanding of activity flexible budgeting

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Reference no: EM132190658

Assignment: a. Explain your understanding of activity flexible budgeting in terms of the relationship between changes in activity costs and changes in activity drivers.

b. Discuss how activity flexible budgeting helps managers plan and monitor activity improvements.

c. Below is the information on four overhead activities for AlKauthar Ltd.:

Fixed Cost

Variable Rate

Machine hours

Setting up

Purchase orders

i. Prepare an activity-based flexible budget for the following production levels:

32,000 units

64,000 units

Machine hours

Setups

Purchase orders

ii.As an accountant, how would you utilize the above information in meeting your responsibility for budgeting and controlling costs?

Reference no: EM132190658

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