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Variance Analysis Write an analytical summary of your learning outcomes from chapters 9 and 10. In addition to your analytical summary, address the following: 1.As a manager, discuss how you would use
Variance Analysis
Write an analytical summary of your learning outcomes from chapters 9 and 10. In addition to your analytical summary, address the following:
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
Chapter-9
https://saylordotorg.github.io/text_managerial-accounting/s13-how-are-operating-budgets-crea.html
Chapter-10
https://saylordotorg.github.io/text_managerial-accounting/s14-how-do-managers-evaluate-perfo.html