9). Capital Budgeting10). How to Create Operating Budgets 1.As a manager, discuss how you would use or have used the concepts presented in chapters 9 and 10. 2.Why might managers find a flexible-budge

9). Capital Budgeting10). How to Create Operating Budgets

1.As a manager, discuss how you would use or have used the concepts presented in chapters 9 and 10.

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.