Budgeting static and flexible budget benchmarking type of variances etc
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This assignment is an accountingLab, ill need to give you my credentials to log in and you would have to answer to 7 accounting problems online. Here is the objectives of the assignment :
- Evaluate the budgeting process including the master budget
- Learning objectiveAnalyze the differences between a static budget and a flexible budget
- Calculate price and efficiency variances using standards
- Assess the benefits of benchmarking
- Examine the types of variances that are created when there are differences between budgets and/or standard costs and actual costs
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