Why might managers find a flexible-budget analysis more informative than static-budget analysis?

Write an analytical summary of your learning outcomes from chapters 9 and 10. 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 9 and 10.

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?

Links for the chapters:

 

http://lectures.mhhe.com/narrated_slides/007802563x/chapter09/presentation_html5.html

http://lectures.mhhe.com/narrated_slides/007802563x/chapter10/presentation_html5.html

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