10m文档新anagerialaccounting-student_财务管理_经管.pptVIP

Flexible Budgets andPerformance Analysis Chapter 10 Learning Objective 10-1 Prepare a flexible budget. Characteristics of Flexible Budgets Planning budgetsare prepared fora single, plannedlevel of activity. Performance evaluation is difficult when actual activity differs from the planned level of activity. Let’s look at Larry’s Lawn Service. Characteristics of Flexible Budgets Larry’s Lawn Service provides lawn care in a planned community where all lawns are approximately the same size.At the end of May, Larry prepared his June budget based onmowing 500 lawns. Since all of the