Discussion Post: Variance Analysis
Write an analytical summary of your learning outcomes from chapters 9 and 10 (Capital Budgeting, Sales Budget, Master Budget/Operating Budgets). In addition to your analytical summary, address the following:
• As a manager, discuss how you would use or have used the concepts presented in chapters 9 and 10 (Capital Budgeting, Sales Budget, Master Budget/Operating Budgets).
• Why might managers find a flexible-budget analysis more informative than static-budget analysis?
• 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.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.