Mac: variance analysis write an analytical summary of your learning

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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 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.

 

Use the following links to study Module 5 topics

Capital Budgeting Analysis:

https://saylordotorg.github.io/text_managerial-accounting/s12-how-is-capital-budgeting-used-.html

Analysis of Operating Budgets:

https://saylordotorg.github.io/text_managerial-accounting/s13-how-are-operating-budgets-crea.html