Control and Budgeting This document will explain the concept of cost control and budgeting. Cost variance analysis will be discussed in relation to managerial judgment and strategy. The performance of

Control and Budgeting This document will explain the concept of cost control and budgeting. Cost variance analysis will be discussed in relation to managerial judgment and strategy. The performance of

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This document will explain the concept of cost control and budgeting. Cost variance analysis will be discussed in relation to managerial judgment and strategy. The performance of the Radiology department manager for a hospital is being evaluated. The service unit or output for this department is the number of procedures performed. A static budget was prepared at the beginning of the year. We are now tasked with examining that budget in