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Write an analytical summary of your learning outcomes from chapters 9 and 10 (Capital Budgeting, Sales Budget, Master Budget/Operating Budgets). 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 (Capital Budgeting, Sales Budget, Master Budget/Operating Budgets).
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.
Required:
1. Post your original discussion no later than day Sunday. Read and respond to at least 3 of your classmates’ posts. See the class syllabus for posting requirements.
2. Be sure to support your work with specific citations using APA format
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