Budget Presentation for Management, Cost Accounting

Assignment Help:
1) Please elaborate on the attached performance report by preparing a presentation to "management" which incorporates the information presented in the performance report. Present this information in such a way that it is meaningful to each manager responsible for specific areas of performance. Graphic illustrations are a good way to do this. This can be presented as a PowerPoint presentation to management or in a written report – whichever you feel is more effective. POWERPOINT IS PREFERRED BUT NOT REQUIRED

2) Present 5 years of historical information using at least 3 graphs for years 2007 - 2011. MAKE UP THE HISTORICAL NUMBERS

3) Present next year’s budget (2009) for sales, manufacturing and SG&A based on your recommendations in the management report and with the understanding that budgeted net income must be at least $300,000 before income taxes. This does not mean you have to recreate the budget again but present the “final product” to each department so that they see how their function is crucial to reaching the goal set by the company. Your report will need to focus on the total costs of each department and how those costs are used in calculating net income. Departments include Administration, Accounting, Marketing, Operations, Sales

This assignment is meant to take the information from the budget project and put it into a format that management and other non-accountants can understand. Use whatever format, graphs, etc. that you feel are appropriate. MAKE UP THE HISTORICAL NUMBERS FOR 2007-2011. Sole for the desired sales number using the contribution approach to get net income of $300,000, but first you must decide on the sale price, variable and fixed costs expected next year – based on your recommendations to management at 12/31/08.

Use your accounting but more importantly, your management knowledge to be a key player on the management team


Related Discussions:- Budget Presentation for Management

Prepare an income statement for the current year, The assets and liabilitie...

The assets and liabilities of Amos Moving Services at May 31, 2011, the end of the current year, and its revenue and expenses for the year are listed below.  On April 1, 2010, the

Features and procedures of job costing, Features and Procedures of Job cost...

Features and Procedures of Job costing Features of Job costing Product is against the customer's order and not on job stocks. Every job has its own characteristics and ne

Example of cash flow statement, 1. Shares were certified at a premium of Rs...

1. Shares were certified at a premium of Rs. 1.50' per share. 2. Throughout the year Taxation liability regarding of 2002 was Rs, 20,000 and paid. 3. Throughout the year, Rs.

Find the cost of equity of company, Outdoor Travel Inc. needs to estimate t...

Outdoor Travel Inc. needs to estimate the cost of capital for the evaluation of capital expenditures. A typical project is financed with 25% debt-to-value ratio (i.e., D/(D+E) =

Zero based budgeting, Zero Based Budgeting It is referred to also lik...

Zero Based Budgeting It is referred to also like priority based budgeting. It is a cost advantage approach budgeting where it is assumed that the cost allowance is Zero for a

Determine the current profits, Two firms compete in a homogenous product ma...

Two firms compete in a homogenous product market where the inverse demand function is P = 10 - 2Q (quantity is measured in millions). Firm 1 has been in business for 1 year, while

What is the net present value using a 12% cost of capital?, Keira Knightley...

Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. The equipment will generate cash flows of $7,000 per year and will have no salvage value a

Calculate cost of goods sold under throughput costing, The follow data rela...

The follow data relates ot year 20XX for Plano Manufacturing Company: Units produced - 2,000 Units sold - 1,800 Selling price - $200 / per unit Direct material costs - $80,000 Dir

Profit variances, PROFIT VARIANCES Sales variances are important as the...

PROFIT VARIANCES Sales variances are important as they have a direct bearing on profits earned by the organization.   thus, they can be used as the basis of determining profit

Calculate the manufacturing cost per unit, the following activities relatin...

the following activities relating to indirect production costs: Activity Activity Costs Cost Drivers Machine Setup $180,000 1,500 setup hours Materials Handling $50,000 12,500 poun

Write Your Message!

Captcha
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