Discussion Post: Variance Analysis
Write an analytical summary of your learning outcomes. In addition to your analytical summary, address the following:
• As a manager, discuss how you would use or have used the concepts presented.
• 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 one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.