Flexible budget analysis and strategic-budget analysis

Assignment Help Managerial Accounting

Reference no: EM1347707

1. Why might managers find out a flexible budget analysis more informative than the strategic-budget analysis? Describe your rationale.

2. How might a manager gain insight in the causes of the flexible-budget variance for direct materials?

3. Why might an analyst examining variances in the production area look beyond the business function for explanations of those variances?

Reference no: EM1347707

Questions Cloud

Simulating problem for arriving for lunch at restaurant : Customers for lunch arrive into a restaurant at Exponential rate of 10 per hour for seated service and at Exponential rate of 15 per hour for buffet. Simulate this problem for 8 hours using minutes as the basic time units.

Relationship between fixed-variable costs used in flexible : Describe the relationships between fixed and variable costs employed in flexible budget and the differences between static and flexible budgets?

Compute the required monthly payment : Suppose Mr. Johnson wants to buy a new home at Sugar Land in June 2010. The sale price of the home is $580,000. He considers paying 20 percent down payments. Compute the required monthly payment.

Incentive plan, hiring and training staff : Explain how do you ensure that the new staff gets the appropriate training and How would you ensure that the new staff meets company standards after their training?

Flexible budget analysis and strategic-budget analysis : Why might managers find out a flexible budget analysis more informative than the strategic-budget analysis? Describe your rationale. How might a manager gain insight in the causes of the flexible-budget variance for direct materials?

Illustrate what is likely post- merger bargaining outcome : Suppose the two newspapers merge. Illustrate what is the likely post- merger bargaining outcome.

Relational algebra expressions for names of salespeople : Illustrate relational algebra expressions for names of all salespeople, names of all salespeople having ORDER row and names of salespeople not having ORDER row.

How does consumer behavior influence purchase categories : How does consumer behavior influence purchase categories and explain what factors and relationships can motivate buying decisions, and why

Llustrate what are the quantities produced before and after : llustrate what are the quantities produced before and after the tax was imposed.

User Account

All Pages