What was the purpose of flexing the budget ( what is also called Flexible budget).Explain the budget , revised budget and actuals and variance discussed in the video.

Paper detalis: Standard costing and variance analysis Read Variance analysis from the following links: https: (1) From the revenue variance analysis explain workings of sales mix variance , sales quanity variance and sales volume variance. (2) Study examples of material , labour and fixed overhead variance – no submission required. (3) Go through the video […]