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Budgets

Batista Company

Production budget On January 1, 2009 the Batista Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2009. Sales units: First quarter 5,300; second quarter 6,300; third quarter 7,500 Ending raw materials inventory: 50% of the next quarter's production requirements Ending f

Projected Capital Budget, Revenue and Expense Budget

Start Up and Operational Budgets: Prepare a projected Capital Budget as well as a Revenue and Expense Budget for start-up (the first year of operation). Using the same or altered assumptions, prepare a projected Revenue and Expense Budget for the second year of operation. Organization X has its own facility where medical waste

Budget Variance Analysis

Imagine that for the second quarter in a row, profits are down at Waterfall division. Division Management budgeted $250,000 in profits for the 2nd quarter but actual results were only $197,000 in profits. The division management insists that the budgets were developed realistically but admits sales were down. The division has be

Budget and Behavior Implication

Describe your question and rBudget and Behavior Implications An effective budget converts the goal and objectives of management into specific performance targets. The master budget serves as a blueprint that reflect management â??s plan for the budgeted period . Moreover the master budget serves as a basis for

Prepare a master budget for Edgeworth Box Corporation for the next year

Edgeworth Box Corporation manufactures two types of cardboard boxes used in shipping canned food, fruit, and vegetables. The canned food box (type C) and the perishable food box (type P) have the following material and labor requirements. Direct Material Required per 100 boxes C Box P Box Corrugating medium ($.15 per lb) 2

Master Budget Development Estimated

The Garden Hotel is in the process of developing a master budget and pro-forma financial statements. The beginning balance sheet is estimated to be: Garden Hotel Estimated Balance Sheet Cash $20,000 Accounts Payable $20,000 Accounts Rec

Preparing a Flexible Budget

Problem is attached as word document. I'm having problems preparing flexible budget. The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors' union, actors and directors rehearse

Constructing a Direct Materials Budget

Preparing a direct materials budget: It takes 3 pounds of direct materials to produce the Regular product and 5 pounds of direct materials to produce the Deluxe product. It is the company's policy to maintain an inventory of direct materials on hand at the end of each month equal to 30% of the next month's production needs for t

Advertising Budget

Assume you are a field marketing professional, responsible for marketing your company's products in the South Florida region of a medium-size corporation. One day you receive a CD from your corporate marketing group (based in Detroit, Michigan) which includes a set of electronic files containing print advertisements ready for yo

Kite, Inc.: budget-variance analysis (Case Study)

Go Fly a Kite Kite, Inc. manufactures and sells kites. They sell their kites to retailers throughout the United States. They have three products. One product, which is appropriately named "Childs Play", is intended for kids and other beginner kite flyers. Another product, which is named "The Challenger" is intended for semi

Design and Budget Elements of Proposal: Compare four principles of design

Choose a proposal type and select a specific budget that aligns with the proposal type. Write a paper describing how the two align. In addition, compare and contrast the four principles of design and discuss which principle would be most applicable for your proposal style and budget. Budgeting and Putting a Proposal Tog

Preparing a Budget Financial Director

1. Preparing the Budget Assume you are the financial director of a clinic that is a part of an organization named Getwell Clinics Incorporated. Your clinic?named after you?serves a suburban community with a population of about 24,000, of which 25% are expected to become patients of the clinic. Each patient is expected to aver

Master Budget Operations

Master Budget The results of operations for the Preston Manufacturing Company for the fourth quarter of 2007 were as follows (in thousands): Sales $590,000 Less variable cost of sales 354,000 Contribution margin 236,000 Less fixed production costs $118,000 Less fixed selling and administrative expenses 59,00

Annual budget

I) Chapter 20 - problems P20-2A and P20-4A pg. 1039 ii) Chapter 21 - problem P21-2A pg. 1092 Big Top Co. is preparing its annual budgets for the year ending December 31, 2008; the data is shown below. Product CZ 50 Product CZ 60 Sales budget: Antici

Dunham Company: Prepare a Corrected Flexible Budget for Shawn

See Attached Spreadsheet As a sales manager, Shawn Keyser was given the following static budget report for selling expenses in the clothing department of Dunham Company for the month October. As a result of this budget report, Shawn was called in the President's office and congratulated on his fine sales performance. He wa

graphic representation Carrie walking & Ichiro college spending

Assignment 3c Part 1). Suggest the best graphic to use for presenting the situations below. Part 2). Choose A or B and construct the graphic you think best represents the situation. A. Carrie wanted to know how many miles she walked as she went about her everyday activities during a regular five-day

Travel Sample Itinerary: International (Thailand)

Hello. I need assistance in putting together an international travel itinerary: -------------------------------------------------------------------------------------- Vacation in a geographic area included for a family of three. This may be a cruise, land tour package or independent itinerary. The experiences preferences to de

Multiple Year Budget

Hi, Could you help me with this assignment ? Thanks Expand your one year departmental budget to a five year plan with the following assumptions: 1. Starting with year two, increase all personnel related line items by 2% per year through year five. 2. Starting with year two, assume a 5% increase in all other line items th

Financial Management Budget Concepts

Hi you helped me with an assignment on Oct 07, 2009 9:35 pm)#274401 Based on that could you help me with the following: Tks (1) Apply the global accounting principles such as (College Income, Current Exp., Additions to Capital Stock, Operating Costs, and Wealth -EOY) To this Budget: how would this change the budget

Create a Budget Template for an educational institution

Using the template provided, prepare a one year working budget for a educational department( health education for example). If you wish to add additional line items to the template, please feel free to do so. Outcome: Demonstrate knowledge of budget preparation and risk management in higher education. Learning Objective