
Concept explainers
Preparation of responsibility report of cost centers determines the element of cost to be investigated based on variance exceeding the limits fixed. It describes the step by step computation of performance report of cost centers and determination of items of cost needed by the management for investigation.The Flexible budget is prepared by adjusting the
The method of preparation of performance report of cost center and element of cost requiring analysis by the management for variances.

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Chapter 24 Solutions
Horngren's Accounting, The Financial Chapters, Student Value Edition Plus MyLab Accounting with Pearson eText - Access Card Package (12th Edition)
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