The Squeaky Horn

5 Pages Posted: 10 Jun 2009

See all articles by Mark E. Haskins

Mark E. Haskins

University of Virginia - Darden School of Business

Kristy Lilly

affiliation not provided to SSRN

Liz Smith

affiliation not provided to SSRN

Abstract

This case provides students the opportunity to practice variance analysis for an annual operating plan using flexible budgeting skills. First, a static budget is flexed to account for changes in product volume. Then, actual results are compared to the flexed budget and analyzed for product price, efficiency, and other variances. In addition, the case allows for discussion as to how flexible budgets can be used for management decision making, and how various compensation structures can affect financial results.

Keywords: budgeting, cost accounting, cost analysis, cost behavior, profitability analysis

JEL Classification: M40, M46, J33, A23

Suggested Citation

Haskins, Mark E. and Lilly, Kristy and Smith, Liz, The Squeaky Horn. Darden Case No. UVA-C-2183, Available at SSRN: https://ssrn.com/abstract=1417145

Mark E. Haskins (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924 -4826 (Phone)

HOME PAGE: http://www.darden.virginia.edu/faculty/haskins.htm

Kristy Lilly

affiliation not provided to SSRN

No Address Available

Liz Smith

affiliation not provided to SSRN ( email )

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