Reference no: EM131212769
Specifically, the following critical elements must be addressed:
1. Operating Budget Create an operating budget using the Final Project Part I Student Worksheet.
a) Prepare a sales budget. Ensure accuracy of data.
b) Prepare a production budget. Ensure the accuracy of your data.
c) Prepare a manufacturing budget. Ensure the accuracy of your data.
d) Prepare a selling expense budget. Ensure the accuracy of your data.
e) Prepare a general and administrative expense budget using appropriate costing methods.
Budget Variance Analysis The actual quantity of material used was 31,000 with an actual cost of $7.75 per unit. The actual labor hours were 33,000 with an actual rate per hour of $15.
a) Develop a variance analysis including a budget variance performance report and appropriate variances for materials and labor. Use the budget variance student worksheet provided.
b) In your budget variance report, discuss each variance. What does the variance tell you?
c) In addition, your budget variance report should cover the following: What needs to be investigated to determine the reason for the variance? Why?
Attachment:- Attachments.rar
Problem regarding the market interest rate
: Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..
|
Replace the natural joins in the following expressions
: Replace the natural joins in the following expressions by equivalent theta-joins and projections. Tell whether the resulting theta-joins form a commutative and associative group.
|
Goal of the mne is to maximize its global after tax profit
: If the goal of the MNE is to maximize its global after-tax profit, which of these three should the controller choose? Why?
|
Determining the immediate payment
: Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..
|
Prepare a production budget and manufacturing budget
: Prepare a production budget. Ensure the accuracy of your data. Prepare a manufacturing budget. Ensure the accuracy of your data. Prepare a selling expense budget. Ensure the accuracy of your data.
|
Evaluating the entire expression
: Make whatever assumptions you wish about the number of available main-memory buffers and the sizes of relations mentioned in E and F.
|
Factors contributed to failure of thai governments plan
: In 2008 India and Vietnam restricted their rice exports to prevent increases in their domestic rice prices, and world rice prices temporarily tripled.- What factors probably contributed to the failure of the Thai government's plan?
|
High degree of connectedness
: With so many ways to stay connected (e-mail, voice mail, text messaging, and so on) and with many people feeling overwhelmed because of this high degree of connectedness, what are some ways to give yourself a break from always being on call while ..
|
What is the optimum join ordering and its cost
: What is the order selected by the greedy algorithm? What is its cost?
|