Math Problem Statement
redo the flexible budget performance report , recheck answers and use managerial accounting
Solution
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Math Problem Analysis
Mathematical Concepts
Managerial Accounting
Budgeting
Flexible Budget Performance Analysis
Formulas
Flexible Budget Variance = Actual Results - Flexible Budget
Sales Volume Variance = Flexible Budget - Master Budget
Cost Variance = Actual Cost - Budgeted Cost
Theorems
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Suitable Grade Level
College Level or Professionals
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