Business Finance Homework Help

1.)

Write a brief analytical summary on the concepts of

A.) How Are Operating Budgets Created?

B.) How Do Managers Evaluate Performance Using Cost Variance Analysis?

Note: Write answer content of a minimum of 700 words

2.) Why might managers find a flexible-budget analysis more informative than a static-budget analysis? How might a manager gain insight into the causes of flexible-budget variances for direct materials, labor, and overhead?

Note: Write answer content of a minimum of 700 words

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Note:

Please do follow the minimum word count mentioned below for each question.

Content should be in APA format and provide in-text citations

Provide minimum 3 references for each questions.