Causes of flexible-budget variances for direct material


Assignment:

Please answer below in 1000 word limit in APA format

Variance Analysis

Write an analytical summary of your learning outcomes from chapters. In addition to your analytical summary, address the following:

1. As a manager, discuss how you would use or have used the concepts presented.

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.

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Basic Statistics: Causes of flexible-budget variances for direct material
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