respond to the following questions in your own words 3

Respond to the following questions in your own words.

  1. What is variance analysis? Define and give an example of each of the following variances: [1] price variance, [2] usage variance, [3] efficiency variance, [4] overhead variance, and [5] budget variance
  2. What is ratio analysis? Discuss, with example, the following ratios: [1] efficiency ratio, [2] capacity ratio, [3] activity ratio.
  3. What is cost internal control? What are some of the commonly used cost internal control measures? Discuss, with an example of each.
  4. What is a flexible budget? Why is it important to have a flexible budget for government? Construct a flexible budget for a local water department. Make sure the budget includes information on the following: [a] direct labor, [b] direct materials, [c] variable overhead, [d] fixed overhead, and [e] total cost of supplying water for the budgeted year.

Writing Requirements

  • APA format – include references
  • 3 pages in length (excluding cover page, abstract, and reference list)
Looking for a solution written from scratch with No plagiarism and No AI?

WHY CHOOSE US?

We deliver quality original papers

 Our experts write quality original papers using academic databases.We dont use AI in our work. We refund your money if AI is detected  

Free revisions

 We offer our clients multiple free revisions just to ensure you get what you want.

Discounted prices

 All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount

100% originality

 We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity.We have ZERO TOLERANCE TO USE OF AI

On-time delivery

 We will deliver your paper on time even on short notice or  short deadline, overnight essay or even an urgent essay
 
/by