Flexibility-budget variance

Related BrainMass Solutions

• Healthcare Budget Variance

  A for-profit organization, by contrast, will typically have more influence and flexibility in setting up its budget and making choices on matters such as how much to spend on marketing, patient care, or incentives for employees.

• cost behavior and cost-driver activities for flexible budget

  Compared to the static budget, you have a favorable static budget variance. But wait just a minute...you didn't write as many checks and so you have an unfavorable flexible variance compared to the flexible budget!

• Flexible Budgets

  In a flexible budget one determines the price variance and quantity variance. This is where you can determine the changes in budget due to changes in input prices. The solution does a great job of explaining the concepts being asked in the question.

• Explain how the Roles of Administrators in the private secto

  The administrators in the public sector have to therefore perform budget planning with the consideration that if a favorable variance exists, the budget will be cut.

• Select and Design a Budget Proposal

  of flexibility in the budget.

• Project Managers and Time Management

  The flexibility of a budget has to be based on the possible risks involved in the various work packages in the work breakdown structure.

• Master versus Flexible Budget, Saldahna Sports

  Total direct material cost variance=Actual-Budget Actual=given as $205,150 Budget=$4 per ball * 40,000 soccer balls=$160,000 Variance= $45,150 b.

• Flexible Budget and Static Budget.

  The solution provides Actual Results, Flexible Budget and Static Budget along with Budget variances- Static Budget variance, Flexible Budget Variance and Sales Volume Variance.

• Health Care Accounting: Problem with traditional variance analysis

  Is management control a clear-cut area based on generally accepted principles or one that relies to a greater extent on common sense and flexibility?