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Flexible Budget Variance Analysis by Kondreddi Saku is a document available to read on EtoBox.

A flexible budget allows an organization to determine how much of a performance variance is due to lower sales and how much is due to other factors like expenses. To create a flexible budget, actual sales are used to calculate flexible revenue and expenses. Calculations show Law Services had an unfavorable static revenue variance of $382,500 but a lower flexible revenue variance of $285,000, with the difference of $97,500 due to lower sales. The variable expense variance of $15,000 was a sales volume varian

Author

Kondreddi Saku

Language

EN