How are operating budgets created

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Question 1: Why might managers find a flexible-budget analysis more informative than static-budget analysis? - 100 words

Question 2: 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.

Question 3: How are operating budgets created?

Question 4: How do managers evaluate performance using cost variance analysis?

Reference no: EM132886058

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