Accounting

WS5 Question Clargonnce Allen Indiana Wesleyan University BSAO68-ACC-341 Managerial Cost accountancy I Laurie McClosky: Instructor may 7, 2012 We have read and agnize the piracy policy as outlined in the political program 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 fix 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 riddance from Indiana Wesleyan University. 9-2 A flexible budget hazard end be adjusted to glint any aim of activityincluding the existing aim of activity. By contrast, a unruffled planning budget is prepargond for a single aim of activity and is not subsequently adjusted. 9-3 veridical res ults can discord from the budget for many a(prenominal) reasons. Very in the main speaking, the remnants are usually due to a swop in the level of activity, changes in prices, and changes in how effectively resources are managed 9-4 A release 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 coach-and-fours perspective, a variableness 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 different a! ctions from a variance of the second kind. Consequently, these two kinds of variances should be clearly free from each other. When the budget is directly compared to the veridical results, these two kinds of variances are lumped together. 9-6 A revenue variance is the difference between how some(prenominal) 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, install it on our website: OrderCustomPaper.com

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