Accounting

WS5 Question Cl argonnce Allen Indiana Wesleyan University BSAO68-ACC-341 Managerial Cost accounting system I Laurie McClosky: Instructor may 7, 2012 We have read and fancy the piracy policy as outlined in the plan 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 put up 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 extrusion from Indiana Wesleyan University. 9-2 A flexible budget hold end be adjusted to glint any direct of activityincluding the existing train of activity. By contrast, a silent planning budget is prepared for a single level of activity and is not subsequently adjusted. 9-3 veridical results can protest from the budget for more reasons. Very in the main speaking, the remnants are usually due to a wobble in the level of activity, changes in prices, and changes in how effectively resources are managed 9-4 A difference of opinion 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 theatre directors perspective, a segmentation 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 fir st kind requires very different actions from! a variance of the second kind. Consequently, these two kinds of variances should be clearly set-apart from each other. When the budget is directly compared to the authentic results, these two kinds of variances are lumped together. 9-6 A revenue variance is the difference between how practically 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, determine it on our website: OrderCustomPaper.com

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