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1. As a manager, discuss how you would use or have used the concepts presented in chapters 9 capital budget and operating budget.

2. Why might managers find a flexible-budget analysis more informative than static-budget analysis?

3. How might a manager gain insight into the causes of flexible-budget variances for direct materials, labor, and overhead? Provide at least one numerical example to support your thoughts.

Reference no: EM132899697

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