Discussion 5(2) – Managerial Accounting

https://saylordotorg.github.io/text_managerial-accounting/s12-how-is-capital-budgeting-used-.html
https://saylordotorg.github.io/text_managerial-accounting/s13-how-are-operating-budgets-crea.html

Write an analytical summary of your learning outcomes from above links. 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 above links

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.

450 Words.