ACCOUNTING PRINCIPLES-W/WILEYPLUS
ACCOUNTING PRINCIPLES-W/WILEYPLUS
14th Edition
ISBN: 9781119707158
Author: Weygandt
Publisher: WILEY
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Chapter 25, Problem 9E

a

To determine

Introduction:

The flexible budget is prepared by the management to represent the comparison of actual operations performed with the budgeted costs and incomes. The purpose of preparing a flexible budget is to determine the efficiency of operating.

To prepare: The flexible budget report.

b

To determine

Introduction:

The responsibility report prepared by the management reflects the comparison of performance estimated with the actual result of the operations. It helps in determining the profitability and efficiency of the division in operating their respective tasks

: The analysis of the responsibility report.

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ACCOUNTING PRINCIPLES-W/WILEYPLUS

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