You are provided with a case which includes data relating to static budget, flexible budget, and variance analysis. You will transcribe the data from the case and create a: Static budget, Actual budget, Flexible budget, Static budget variance, Flexible budget variance, Variance analysis.

Accounting Question

Overview:
In this assignment, you are provided with a case which includes data relating to static budget, flexible budget, and variance analysis. You will transcribe the data from the case and create a:

• Static budget
• Actual budget
  
• Flexible budget
  
• Static budget variance
  
• Flexible budget variance
  
• Variance analysis
  

You will also write a memo regarding advantages of budgeting.