BSNS107 week 11

Card Set Information

Author:
rosme090
ID:
89602
Filename:
BSNS107 week 11
Updated:
2011-06-07 07:26:58
Tags:
BSNS107
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Description:
Flexible Budgeting
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  1. A performance report compares
    Actual results to budgeted amounts
  2. Variance =
    Budgeted Amount - Actual Amount = Variance
  3. Original Budget =
    Standard amount x standard volume
  4. Flexed budget =
    Standard amount x ACTUAL volume

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