Unformatted text preview: Some information that you can find a flexible budget are the production data for that certain index of information such as direct labor cost. Then you will have the cost data variables and the fixed cost that go into a company. The information found on a flexible budget is used to evaluate managers based on their production control making sure that the direct labor is coming in under budget. Secondly, the managers are evaluated on the cost control making sure that they are getting the lowest prices for material and making sure that the company can sell the cost of good for a certain percentage point for profit....
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This note was uploaded on 12/18/2011 for the course ACCOUNTING 225 taught by Professor Mattwilliams during the Spring '11 term at University of Phoenix.
- Spring '11