Learning Objective Preparing Flexible Budgets


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Learning Objective



Preparing Flexible Budgets



Preparing Flexible Budgets



Preparing Flexible Budgets



Preparing Flexible Budgets



Learning Objective



Determining Variances for Performance Evaluation



Learning Objective



Sales Volume Variances



Interpreting the Volume Variances



Interpreting the Volume Variances



Learning Objective



Flexible Budget Variances



Flexible Budget Variances



Calculating Sales Price Variance



Learning Objective



Standard Cost Systems



Establishing Standards



Need for Standard Costs



Selecting Variances to Investigate



Manufacturing Cost Variances



Learning Objective



Materials Price and Usage Variances



Materials Price and Usage Variances



Responsibility for Materials Variances



Calculating Labor Variances



Labor Price and Usage Variances



Labor Price and Usage Variances



Responsibility for Labor Variances



Responsibility for Labor Variances



Variable Overhead Variances



Fixed Overhead Variances



Fixed Overhead Variances



Fixed Overhead Variances



General, Selling & Administrative Cost Variances



End of Chapter 8



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