Accounting

WS5 Question Clargonnce Allen Indiana Wesleyan University BSAO68-ACC-341 Managerial Cost story I Laurie McClosky: Instructor may 7, 2012 We have read and existentize the piracy policy as outlined in the curriculum and the sections in the Student publicise relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title rogue of my paper, we certify that we have non cheated or plagiarized in the process of completing this assignment. If it is implant that cheating and/or plagiarism did take place in the writing of this paper, we understand the workable consequences of the act/s, which could include bump from Indiana Wesleyan University. 9-2 A flexible budget okay end be adjusted to glint any take aim of activityincluding the existing level of activity. By contrast, a still planning budget is prep ard for a single level of activity and is not subsequently adjusted. 9-3 veridical results can resist from the budget for many reasons. Very in the main speaking, the remnants are usually due to a stir in the level of activity, changes in prices, and changes in how effectively resources are managed 9-4 A rest between the budget and real(a) results can be due to many factors.

Most importantly, the level of activity can have a genuinely big impact on costs. From a music directors perspective, a unevenness that is due to a change in activity is very contrary from a variance that is due to changes in prices and changes in how effectively resources are managed. A variance of the first kind requires very differ ent actions from a variance of the second ki! nd. Consequently, these two kinds of variances should be clearly disjunct from each other. When the budget is directly compared to the actual results, these two kinds of variances are lumped together. 9-6 A revenue variance is the difference between how much the revenue should have been, given the actual level of activity, and the actual revenue for the period. A...If you want to get a full essay, pose it on our website: OrderCustomPaper.com

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