Assignment: Variance Analysis
Write an analytical summary of your learning outcomes. 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.
Required:
1. Post your original discussion no later than day Sunday, October 20.Read and respond to at least 3 of your classmates' posts. See the class syllabus for posting requirements.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.