Write an analytical summary of your learning outcomes from chapters 9 and 10. In addition to your analytical summary, address the following:

1.    As a manager, discuss how you would use or have used the concepts presented in chapters 9 and 10.

2.    Why might managers find a flexible-budget analysis more informative than static-budget analysis?

3.    How might a manager gain insight into the causes of flexible-budget variances for direct materials, labor and overhead?

300 words.