How a flexible budget will overcome problem

Assignment Help Business Management
Reference no: EM131869074

The owner of Babycakes is interested in preparing a flexible budget rather than the static budget she currently uses. She does not understand why, when sales increase, her static budget often shows an unfavorable variance. Explain how a flexible budget will overcome this problem. Use the details of your newly prepared budget for the 4th quarter of 2016 to address her concern.

Reference no: EM131869074

Questions Cloud

What are some of the signs that your site has been hacked : Imagine you are the owner of an e-commerce website. What are some of the signs that your site has been hacked?
What is current yield of the bond : What is the market price of a $1,000 face value bond? What is the current yield of the bond? How much interest does bond accrue 50 days after a coupon payment.
When a project manager is gathering information about risks : When a project manager is gathering information about risks, is it a good idea for her to set limits on the number of risks that will be considered?
What is your net dollar sales projection for year : what is your net dollar sales projection for this year?
How a flexible budget will overcome problem : Explain how a flexible budget will overcome this problem. Use the details of your newly prepared budget for the 4th quarter of 2016 to address her concern.
Facing a financial challenge : Imagine that Babycakes is facing a financial challenge that is causing the actual amount of money that it spends to become significantly
What is the initial value of? gladstone debt : What is the initial value of? Gladstone's equity without? leverage? What is the initial value of? Gladstone's debt?
Describe the assumptions used to make these estimates : Describe the assumptions used to make these estimates. Include an overview of the budget in the report, presenting the actual budget as an appendix.
Why is marketing critical for entrepreneurs : Why are small businesses an important consideration for state and federal politicians - What can an entrepreneur do when there are no business opportunities

Reviews

Write a Review

Business Management Questions & Answers

  Low-context culture and a high-context culture

Low Vs. High-Context Culture - Explain what are the differences in a low-context culture and a high-context culture?

  Gifted class perform relative to her other classes

The teacher wants to know how well the students in her gifted class perform relative to her other classes.

  How long should a typical agent be expected

He takes an average of 50 seconds per passenger and is rated 110% in performance. - How long should a typical agent be expected to take to make seat assignments?

  What is the content adjacency problem

What is the content adjacency problem? Search for examples of firms that have experienced embarrassment due to content adjacency

  Professionals with disciplinary action

What impact do professionals with disciplinary action against their licenses have on the employers and consumers of healthcare?

  Change agents to understand emergent change

How and why can complexity theory be used by change agents to understand emergent change?

  Calculate the company''s weighted average cost of capital

Calculate the company's weighted average cost of capital

  Identify basic causes for deficiencies in performance

Identify basic causes for deficiencies in performance. Which of these deficiencies can be Improved or eliminated through training?

  Investment affects economic and social development

Explain how trade and investment affects economic and social development. Provide example of a country that had economic and social development from trade and investment. Also, provide example of a country that receives little to no trade. Please ..

  Future state of federal labor relations

Review the your reading this week, Future State of Federal Labor Relations. Provide a response to this article based upon our discussions during this course.

  Explain the organization which delivers superior value

Name and explain the organization which delivers superior value. Do you beleive organizations which deliver value have different characteristics from those whose sole focus is on profit? Describe.

  Two pages analyzing the grievances

Looking for some major direction with this assignment. I have to write two pages analyzing the grievances that led to the uprising/protests in Egypt.

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