|Sales budget |An estimate of expected sales for the budget period. |Is used to compare actual sales volume to revenue for a specific|…
The sales budget is prepared by multiplying the expected unit sales volume for each product by its anticipated unit-selling price. As reflected in Exhibit A noted below and included in the overall Peyton Approved budget worksheet included in Appendix A, Peyton Approved expects sales volume to be 18000, 22000 and 20000 units in the month of July, August and September respectively. The budgeted sales in August exceeded July's sales units by 4000 units, however, sales declined in September by 2000 units from August. Peyten Approved budgeted sales price per units for the quarter was based on a sales price of $18 per unit. Thus, budgeted total dollars per month are 324,000 computed 18 sales price per unit, 396000 sales price per unit, and 360000 sales price per unit in July, August, and September respectively.…
Chester & Wayne is a regional food distribution company. Mr. Chester, CEO, has asked for assistance with preparing cash-flow information for the last three months of this year. The selected accounts from an interim balance sheet dated September 30, have the following balances:…
regardless of the actual amount of care used. The amount of the payment is based on the value…
A budget is an instrument used to help managers ensure that the resources used effectively and proficiently toward the goals of an organization. A budget projection can be made on a yearly base depending on previous year or existing one. They can further be broken down quarterly or monthly depending on it use. Generating a budget is complex undertaking, and for a budget to be effective the organization ought to follow it strictly. However, no matter how closely a business follows their guidelines there will always be some form of variances. The organization should expect a few variances and be able to work these discrepancies in any budget constraints.…
in traffic accidents. There were more than 23,000 crashes during 2010 in the New port News…
In the following project, you will perform What-IF Analysis to calculate budget information for your University’s Valentine’s Day formal.…
Budgets are used by businesses and individuals to ensure that the end result is positive. A budget is basically a plan used by businesses and individuals to ensure enough money is available for current and future commitments and projects. The information presented in this paper will discuss flexible budgets, the relationship between fixed and variable costs used in a flexible budget, and the differences between static and flexible budgets and how a flexible budget lends itself to a cost-volume-profit analysis.…
Based on these 2009 assumptions: a 3% overall deflation rate for prices in 2009—due to the weak economy—will continue into 2010.…
There are a few areas of concern with the Budget that Competition Bike, Inc. has displayed within their budget for year 9. The most prominent area of concern in is in the Revenue section of the budget. In the budget for year 9, Competition has included units sold to be 3510. This is a lofty prediction given that year 8 had seen such a big decline in that number. In year 8, Competition sold 3400 units, but the previous year had sold around 4000 units, a 15 % decline. The company is hoping for an upswing, but this may be too positive of an estimation. To go with that, Competition is only allowing for $984 more dollars in advertising for year 9. If they had budgeted maybe $2000-$3000 more to this category to get to where their advertising spending was in year 7 when they sold 4000 units, their budget of increased sales in year 9 would not be as suspect.…
The change with the aging population has never been so high as before. As the demographics of the aging populations continues to grow society will be seing thesome growing pains. The cause for the aging population is due to the amount of baby boomer in this generation . The term baby boomers are people who were born from 1947 to 1964. These people were born doing the post-world war II baby boom. The impact of the baby boomers will be mostly felt in healthcare. With the aging population most of the population most of them will depend on medicare to cover health concerns , which will imact everyone in the united state. The demographic of the aging pouplation will also create a demand for more health care professionals. They will more…
The main goal for a merchandise company’s sales budget is to predict the dollars of sales for a period of time. It is the usually the first schedule prepared because so many other schedules depend on it. This makes it the primary key to the entire master budget process.…
Theoretically the proposed lease seems like a positive proposition for Bridgehampton. However, Marie O’Donnell, Bridgehampton’s General Manager has seen similar proposals rejected by the board in the past. Working with Jim Naruda, the Financial Controller, they discuss an alternate plan to develop a Spa internally. Jim suggests that the opportunity is ripe to expand into the Spa business as the East End has become a sought after destination all year round and not just during the summer season. They decide to conduct an analysis to determine if it would be more beneficial to build a Spa themselves or lease the space to Suncoast.…
was used to repeat to his father that bigger dimensions were necessary to offer to the market a wide…
Budget Constraint of De La Salle University – Dasmariñas CBAA Students pertaining to Food and Transportation Fare…