Question: Chapter 8: Capital Budgeting Analysis Chapter 9: Analysis of Operating Budgets Variance Analysis Write an analytical summary of your learning outcomes from chapters 8 and

Chapter 8: Capital Budgeting Analysis

Chapter 9: Analysis of Operating Budgets

Variance Analysis

Write an analytical summary of your learning outcomes from chapters 8 and 9. In addition to your analytical summary, address the following:

1. As a manager, discuss how you would use or have used the concepts presented in chapters 8 and 9.

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

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