Example of a budget, Financial Management

Group Activity

An example of a budget can be seen below. After viewing the budget, identify the possible reasons for the variations.

Budget - Jul / Dec 200X

Item Description

Jul

Aug

Sep

Oct

Nov

Dec

Total

Revenue

 

 

 

 

 

 

 

Sales Commission

22,000

26,000

50,000

55,000

45,000

35,000

233,000

Property Management

8,000

9,000

9,000

9,000

10,000

10,000

55,000

Total Revenue

30,000

35,000

59,000

64,000

55,000

45,000

288,000

 

 

 

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

Rent

4,500

4,500

4,500

4,500

4,500

4,500

27,000

Utilities

800

800

800

800

800

800

4,800

Salaries

22,000

22,000

22,000

22,000

22,000

22,000

132,000

Printing

300

300

300

300

300

300

1,800

Advertising

1,000

1,000

1,500

2,000

1,500

1,500

8,500

Professional Fees

4,000

0

0

1,000

0

0

5,000

Interest on Borrowings

1,000

1,000

1,000

1,000

1,000

1,000

6,000

Total Expenses

34,100

30,100

30,600

32,100

30,600

32,100

185,100

Posted Date: 10/1/2012 4:15:31 AM | Location : United States







Related Discussions:- Example of a budget, Assignment Help, Ask Question on Example of a budget, Get Answer, Expert's Help, Example of a budget Discussions

Write discussion on Example of a budget
Your posts are moderated
Related Questions
Describe the term- Investment Decision Investment decision, also referred to as the capitalbudgeting decision, simply means decisions to acquire assets or to invest in aproj

Assemble all other inputs/assumptions based on the past data. Use your best judgment to have the most reasonable estimates. Tasks 1. Prepare an Excel spreadsheet containi

How is present value influenced by a change in the discount rate? Present value is oppositely related to the discount rate.  Alternatively, present value moves in the reverse dire

How are production limits used in practice to raise the prices of the following goods or services: (a) taxi rides, (b) drinks in a restaurant or bar, (c) wheat or

Tax-backed debt obligations are the debt instruments issued by counties, states, cities, towns, special districts and school districts. These are secured by some

What are the Components of Return Return is fundamentally made up of two components: Periodic cash receipts or income on the investment in the form of interest,

Credit Markets: The financial system enables supply of funds to support purchase of goods and services and to finance capital investments. In this way, it provides funds both t

Suggestion regarding Credit limit. Should it be approved or not, what should be the amount of credit limit that electronics give to Booth Plastics.


1. Why do the banks borrow funds, besides accepting deposits? Discuss in detail the various sources from where banks can borrow funds within India.