Annual budget for rtwmtc

Assignment Help Managerial Accounting
Reference no: EM1347667

You've been appointed as an executive director of small nonprofit organization. Among your many duties are to estimate an annual budget and develop a fiscal plan for organization.

For this assignment, you must develop a 2-page spreadsheet that you will deliver to the director and staff containing an annual generic annual budget for the RTWMTC. Using an income of 800,000 per year, you must answer the following questions:
- How many employees does the RTWMTC company have and what is the break down of their salaries (you may choose)
- What additional costs does RTWMTC have (include utilities, lease/mortgage, phone, etc.)?
- What is the surplus or deficit of the RTWMTC?

Reference no: EM1347667

Questions Cloud

The effects of optimism on physical and psychological health : A ball of mass 0.113 kg is dropped from a height of 1.92m above ground. The acceleration of gravity is 9.8m/s^2.Neglecting air resistance find the speed of the ball when it is at a height of 0.812 m above the ground. Answer in units of m/s.
Describing rolling budget : What is a rolling budget? Why are they prepared? Describe why some types of companies would employ a rolling budget instead of a master budget.
Illustrate what is the reserve ratio if the bank : Illustrate what is the reserve ratio if the bank has $160 million worth of checking deposits, $32 million worth of reserves in deposits at its federal reserve district bank, and $8million worth of reserves in vault cash.
Python atm program to enter account number : Write a simple Python ATM program. Ask user to enter their account number, and print their initail balance. (Just make one up). Ask them if they wish to make deposit or withdrawal.
Annual budget for rtwmtc : You've been appointed as an executive director of small nonprofit organization. Among your many duties are to estimate an annual budget and develop a fiscal plan for organization.
Financial analyst working for the car dealership : Incentive program by car dealer to offer a tires for life - financial analyst working for the car dealership
Compute the average duration of board service : The term of office for Federal Reserve Board of Governors is fourteen years. Determine how long does a member actually serve and also compute the average duration of Board service for these two twenty-year periods:
Use dimensional analysis to work on problems : You select a rental package that includes a car with an average consumption of 6rm liters of fuel per 100 rm km. Considering that in Europe average fuel cost is 1.063 rm euros/ liter, how much (in US dollars) will you spend in fuel in your trip.
Budget constraints in two period model : Explain how the budget constraint of househould in two-period model is affected by each of the following changes. In each case, do you think the household is better off or worst off or is the answer ambiguous?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Imperial data devices flexible budget

Expected manufacturing costs for Imperial Data Devices are as follows: Estimate manufacturing costs for production levels of 11,000 units, 13,500 units, and 16,000 units per month.

  Cost volume profit of procter and gamble company

Procter & Gamble Company is a Cincinnati-based company that produces household products under brand names such as Gillette, Bounty, Crest, Folgers, and Tide. The company's 2006 income statement showed the following (in millions):

  Describing cost-volume-profit

Disk City, Inc. is a retailer for digital video disks. The projected net income for the current year is $2,740,000 based on a sales volume of 270,000 video disks.

  Ridge company segment interim reporting

Ridge company is in the process of determining its reportable segments for the year ended December 31 2012. As the person responsible for determining this information, you gather the following information.

  Mcdonald corporation-activity based costing

What is a service or product in McDonald's which can employ activity based costing? What are three activities for activity based costing and the correct cost drivers for them? Give an estimate for application rates of these drivers.

  Product mix and product line

Make a distinction between a product item, a product mix, and a product line. Give examples.

  Main components of cvp

Write down the main components of cost-volume-profit (CVP) analysis. How does a CVP income statement aid management make decisions?

  Stanley works costing system

Stanley Works is one of the companies you looked at in the job-order costing vs. process costing. Which type of costing do you think that company uses, process costing or job-order costing?

  Tax bases-budget financing-budget deficits

Contrast the 3 major classes of tax bases, also addressing economic bases. Examine various methods of government financing in their budget, and give a synthesis of the strengths and weaknesses of these methods, as well as their long term effects.

  Prepare general journal entries in general journal form

Prepare general journal entries in general journal form

  Developing budget for business-framed botanical prints

Find out the breakeven point in units and dollars. Also, find out the number of units and dollars which need to be sold to make a target profit of $5,000 month. Recognize what types of trends you must be aware of in the industry and who the primary..

  Describe the cost flow in job order costing system

The three product cost elements?direct materials, direct labor, and overhead? Flow through job order costing system in structured, orderly fashion. Specific accounts and subsidiary ledgers are employed to verify and record cost information.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd