Fundamental Managerial Accounting Concepts 第五版ppt08.pptVIP

8-* Fundamental Managerial Accounting Concepts Thomas P. Edmonds Bor-Yi Tsay Philip R. Olds Copyright ? 2009 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Fifth Edition CHAPTER 8 Performance Evaluation Preparing Flexible Budgets The master budget, sometimes called a static budget, is based solely on the planned volume of activity. Flexible budgets differ from static budgets in that they show expected revenues and costs at a variety of volume levels. Preparing Flexible Budgets Melrose Manufacturing, a producer of small high-quality trophies, plans to make and sell 1