MANAGERIAL ACCOUNTING FOR MANAGERS EBOOK
MANAGERIAL ACCOUNTING FOR MANAGERS EBOOK
6th Edition
ISBN: 9781264445615
Author: Noreen
Publisher: MCG
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Chapter 9, Problem 9.6E
To determine

Introduction:

Flexible budget performance report:

The flexible budget makes it quite easy for the company to adjust static budget forecasts at various levels of selling activities in different time periods. Under a flexible budget, compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity.

To prepare: A flexible budget performance report that represents both revenues and spending variances and activity variances for September.

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