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How are operating budgets created

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Reference no: EM132628289 , Length: Word count : 1000

Question 1: How Are Operating Budgets Created? How Do Managers Evaluate Performance Using Cost Variance Analysis? As a manager, discuss how you would use or have used the concepts presented in above concepts

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

Question 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.

  • 1000 words

Reference no: EM132628289

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