Week 5 discussions

Standards, Variances, Flexible Budgets (graded)

To begin, please read Case 10B-5 on page 471, Ethics and the Manager. How were the standard costs developed? Are the standards set too high or too low? Please elaborate.

Research and Application (graded)

Let’s look at Case 9-26, Ethics and the Manager, in Chapter 9, page 414, and address and discuss the question there.