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Variance 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 (Chapter nine presents the concepts of budgeting and budgetary control process,
Chapter ten presents the concept of variance analysis in organizations)
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.
Must be in a APA format with 500 words and with references.
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