Discussion Post: Variance Analysis
Write an analytical summary for Capital Budgeting in Managerial Decisions and 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 Capital Budgeting in Managerial Decisions and 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 should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.