MA_Discussion 5

profileSushma Sri

 

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 (Chapter nine presents the concepts of budgeting and budgetary control process,  
Chapter ten presents the concept of variance analysis in organizations)

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.

Must be in a APA format with 500 words and with references.

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