Designing worksheet which can use to create budget

Assignment Help Managerial Accounting
Reference no: EM1347868

DELIVERABLE LENGTH: 1 page worksheet and procedures explanation

You're meeting with Georgia tomorrow to provide her specific direction on how to develop the budget for the county fair event portion of project. She has determined that the event will most likely involve the tent of some sort which contains tables and many health-related activities for children and literature for adults. There will be some sort of heart-related giveaway with the program's slogan on it, along with pencils and something else for the children. Expected attendance at the county fair is projected to be between 250,000 and 450,000, with some percentage of that stopping by the tent. Two sellers will be used to produce the giveaways and print the literature and signage. The tent will be staffed by the hospital's employees who will be paid their regular wages (not part of the project budget). All other work (determining the tent layout, creating the activities, developing the literature, scheduling the staffing, etc.) will be done by Georgia's team.

Create a worksheet (in Excel or other spreadsheet tool) that Georgia can use to create the budget. Prepopulate the worksheet with the components of the estimate and provide direction to Georgia in the procedures document (in Word) on how to obtain the three-point estimates and the resulting budget.

Reference no: EM1347868

Questions Cloud

Question about expectancy theory : Provide an example of how expectancy theory has affected your motivation, or that of someone else you work with or have worked with. Be sure to specify the expectancy and valance.
Isps to disclose actual identities of people : It asks ISPs to disclose actual identities of these people. Should the ISPs comply with this request. Describe your reasoning
Important information about organizations as cultures : What things about organizations are considered to be parts of organizational culture, and what things are excluded from that category, in terms of the different models.
Differences between a mature global market : Compare the differences between a mature global market, a new growth market, and a newly industrialized economy.
Designing worksheet which can use to create budget : You're meeting with Georgia tomorrow to provide her specific direction on how to develop the budget for the county fair event portion of project. She has determined that the event will most likely involve the tent of some sort which contains table..
Relationship between motivation and job satisfaction : Explain the relationship between motivation and job satisfaction; are motivated employees more satisfied, or are satisfied employees more motivated?
Estimation of maximize profit : Abotte Products manufactures three items, A, B, and C. The corporation can sell up to 300 pounds of each product at the following prices; estimate how Abotte can maximize its profit.
Explain what does american production function exhibit : hat is American's MRTS between K and L? MRTS between K and F. Should American try to ensure that all its MRTSs are equal. Explain what does American's production function exhibit constant, increasing, or decreasing returns to scale.
Critical analysis : what would you say to this individual if he or she was part of a team you were working on for the development of a new product?

Reviews

Write a Review

 

Managerial Accounting Questions & Answers

  Question regarding the cvp ananlysis

Suppose a fixed cost of $900, a variable cost of $4.50, and selling price of $5.50. Find out the break even point? How many units should be sold to make a profit of $500.? How many units should be sold to average $.0.25 profit per unit? .50 per un..

  Evaluate purscos foreign tax credit limitation

Evaluate Pursco's foreign tax credit limitation under the subsequent independent assumptions.

  Cvp analysis of detroit disk

Detroit Disk, Inc. is a retailer for digital video disks. The projected net income for the current year is $600,000 based on a sales volume of 400,000 video disks. Calculate Detroit Disk's break-even point for the current year in number of video di..

  Job order cost-process cost systems

Describe the similarities and differences between job order cost and process cost systems.

  Determining the process costing

During May, the number of equivalent full units of materials applied to units produced by Department Q totaled 50,000, computed as follows: beginning inventory, 7,000 equivalent full units; units started and completed in May, 35,000 equivalent ful..

  Compute direct materials production budget

Hannon Company has 1,600 pounds of raw materials in its December 31, 2011, ending inventory. Needed production for January and February of 2012 are 4,000 and 5,500 units, respectively.

  Describing the allocation of overheads

ABC currently employs traditional costing procedures, applying $410,000 of overhead to products X and Y on the basis of direct labor hours. The firm is considering the shift to activity-based costing and creation of individual cost pools that will..

  Question on cvp computation

Determine the break even point in units. The company has a capacity of 150,000 units and is currently at two thirds of its capacity. The sales manager believes the company could increase sales by 8,000 units if advertising expenditures are increa..

  Describing of activity based costing

Define and describe activity based costing. Also employ some real-life examples of how companies implement this management tool. Offer some comparisons and contrasts and pros and cons from different stand points on this topic.

  Social and environmental accountability

AGL has published an annual sustainability report since 2004 to communicate sustainability performance in the areas of customers, community, people, economic, climate change and environment.

  Computation of break-even from cvp formula

Use the contribution margin ratio CVP formula to compute Peyton Travel's break-even sales in dollars. If the average sales price of a ticket is $660.00; how many tickets must be sold to reach break-even?

  Public budget cycle

Write down in four-pages in which you describe The Public Budget Cycle in government agency of choice. Describe phases of budget cycle (preparation and submission, approval, execution and audit and evaluation) and how this relates to the entire or..

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