BATAAN PENINSULA STATE UNIVERSITY

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GRADUATE SCHOOL
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Chapter 7: Flexible Budget and Performance Analysis

Learning Objectives:

After studying this chapter, you should be able to:

1. Prepare a flexible budget

2. Prepare a report showing activity variances

3. Prepare a report showing revenue and spending variance

4. Prepare a performance report that combines activity variances and

revenue and spending variances

5. Prepare a flexible budget with more than one cost driver

6. Understand common errors made in preparing performance reports based

on budgets and actual results

Our Vision  Our Mission 

A leading university in the Philippines recognized for its proactive To develop competitive graduates and empowered community members by providing relevant, innovative
contribution to Sustainable Development through equitable and inclusive and transformative knowledge, research, extension and production programs and services through
programs and services by 2030. progressive enhancement of its human resources capabilities and institutional mechanism.