Why might managers find a flexible-budget analysis more information than a static-budget analysis?
Question:
Why might managers find a flexible-budget analysis more information than a static-budget analysis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
A flexiblebudget analysis enables a manager to distinguish ...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Why might managers find a Level 2 flexible-budget analysis more informative than a Level 1 static-budget analysis?
-
Why is a flexible budget better than a master budget for comparing actual results to budgeted expectations?
-
Why are flexible budgets superior to static budgets for performance reporting?
-
A wooden bookshelf has external dimensions as follows :Height = 110cm, Depth = 25cm, Breadth = 85cm (see figure). The thickness of the plank is 5 cm everywhere. The external faces are to be polished...
-
Monochromatic light strikes a diffraction grating at normal incidence before illuminating a screen 2.50 m away. If the first order maxima are separated by 1.43 m on the screen, what is the distance...
-
Refer to Exercise 12.46. Another multiple regression model used only deposit volume and number of accounts as independent variables, with results as shown here. a. Does omitting the transactions and...
-
Dean Foods Company, a food and beverage company headquartered in Dallas, Texas, is one of the nations largest processors and direct-to-store distributors of fluid milk. Consistent with U.S. GAAP,...
-
Jonathan, Gary, and Ricardo are active members of a partnership called Swim City. The partnership manufactures, sells, and installs outdoor swimming pools in the states of Arkansas and Texas. The...
-
Instructions 2027 rounding to one decimal place, except per- Determine the following measures for share amounts, which should be rounded to the nearest penny: 1. Working capital 2. Current ratio 3....
-
You are meeting with executives of Cooper Cosmetics Corporation to arrange your firms engagement to audit the corporations financial statements for the year ending December 31. One executive suggests...
-
What is the key difference between a static budget and a flexible budget?
-
Describe the steps in developing a flexible budget.
-
Roberts Company provided the following information: Roberts Company Comparative Balance Sheets At December 31, 20X1 and 20X2 ..........................20X1........................20X2...
-
The following condensed balance sheet is for the partnership of Ludolf, Sambal, and Urad, who share profits and losses in the ratio of 6 : 2 : 2 , respectively: Cash $ 4 1 , 0 0 0 Liabilities $ 2 9 ,...
-
On December 31, 2022, Cruise Company has 15,000 units of an inventory item, which costs $45 per unit when purchased on June 15, 2022. The selling price was $80 per unit. On December 30, 2022, it was...
-
Distance, km 40- 30- 20- 10- 0. 0 Time, hours 1. During which time intervals is the object stationary? 2. During which time interval is the object accelerating (or decelerating) the fastest? 3....
-
Pesto Company paid $8 per share to acquire 80% of Sauce Company's 100,000 outstanding shares. At the acquisition, the fair value of Sauce's Total assets $1,000,000 and the fair value of Sauce's total...
-
East Ives Medical Associate (EIMA) is a private healthcare provider. Ongoing concerns about nurse staffing levels led to a new collective bargaining agreement between EIMA and the nurse's union,...
-
The human circulatory system consists of a complex branching pipe network ranging in diameter from the aorta (largest) to the capillaries (smallest). The average radii and the number of these vessels...
-
Establish identity. cos( + k) = (-1)k cos , k any integer
-
H 2 and I 2 are combined in a flask and allowed to react according to the reaction: Examine the figures (sequential in time) and answer the questions: a. Which figure represents the point at which...
-
Diego Motors is a small car dealership. On average it sells a car for $26,000, which it purchases from the manufacturer for $22,000. Each month, Diego Motors pays $60,000 in rent and utilities and...
-
Diego Motors is a small car dealership. On average it sells a car for $26,000, which it purchases from the manufacturer for $22,000. Each month, Diego Motors pays $60,000 in rent and utilities and...
-
Welch Men's Clothing's revenues and cost data for 2017 are as follows: Mr. Welch, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it...
-
What is the expected return based on the table below? Outcome Probability Return Recession 40% -35% Expansion 25% 20% Boom 35% 55%
-
A Treasury bond with 10 years to maturity is currently quoted at 114:10. The bond has a coupon rate of 10.3 percent. What is the yield value of a 32nd for this bond? Note: Do not round intermediate...
-
Crystal Electronics is a mid-sized electronics manufacturer located in Johannesburg. The company CEO inherited the company. When it was started 70 years ago, the company originally repaired radios...
Study smarter with the SolutionInn App