Explain why management accountants should know the business
strategy of their organization.
The performance measures that accountants develop must tie directly to concepts in strategy and
We have to know what kind of performance
Cost variance analysis
Sales activity va
Demonstration Problem 1
East Mountain Bike expects to sell 25,000 electronic bicycles next year. The management estimates that the
beginning and ending inventory will be 2,000 units and 3,500 units, respectively.
Prepare a production budget for
The Kessler Company has the following information pertaining to the month of March:
Prepare a performance report for March including columns for the (a) actual results, (b)
flexible budget, (c) flexible budget variance, (d) master budget, and (e