**TI82** TxtView file generated by CalcText - Kouri¨™IIxFBxPA™—ÿII-Flexible budget&PerfA1) Deficiencies of the static planning activity Flexible budget= control costs / improve perf evaluation 2) Planning Budget - flexible budget = Activity variances Flexible budget - Actual result = spending variances 3) Standard cost & perf measure Mana by exception= above standards --> deviations from standards DM= Price x Qtity DL= Rate x Hours(time) VMOH= Rate x Qtity MPV= AQ(AP-SP) MQV= SP(AQ-SQ) sachant que SQ = output x standard qtity for prod LRV= AH(AR-SR) LEV= SR(AH-SH) sachant que SH= output x standard hours for production Mix of skill levels/ level of employees motivation VMRV= AH(AR-SR) VMEV= SR(AH-SH) pareil pour SH 4) Non-financial measures Throughput time= process time+inspection time+move time+queue time Manufac cycle efficiency= value added time (=process time)/ manufac cycle time (=throughput time) wait time entre order receipt and production started Fixed overhead budget = Actual fixed overhead budgeted fixed overhead = BH(denominator hours) x SR donne budget variance Applied fixed overhead = SH (standards hours allowed for actual output x SR donne volume variance Predetermined overhead rate = estimated total manufac OH cost / esti total amount of the allocation base pour fixed et variable 5) ROI - RI ROI = net oper.Income/sales x sales-average operating assets ou = Margin (Nept ope/sales) x turnover (sales/average ope assets) RI= Net ope Inc - (Average ope assets x mini required rate of return) 6) Balance scorecard Financial / Customers / Internal Business process / Learning and growth Cause & effect basis= Improve employee skills -> Improve cycle time -> improve on time delivery -> Improve customer loyalty -> improve repeat and expanded sales -> improve return on capital employed ÿO{