Below are the solution: Question 1 Prepare a new contribution report for February‚ in which: * The static budget column in the contribution report is replaced with a flexible budget column. * The variances in the contribution report are recomputed as the difference between the flexible budget and actual columns. Answer Particulars | Static Budget | Flexible Budget | Actual | Variance | Unit (pounds) | 200000 | 225000 | 225000 | 0 | Revenue | 1600000 | 1800000 | 1777500 |
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Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise‚ you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2‚500. Here are suggested budget categories if you are not using a real budget. At a minimum‚ you must have 9 budget categories: Housing (mortgage or rent) Utilities
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Week 6 HSM 260 Due Day 7 Exercise 11.1 Followed by the family and child benefits being such a success in the previous seminars‚ the Advocates for Children agency is going to conduct another seminar. The agency is a private nonprofit agency. This seminar is going to be conducted in one day for the children and families within the area. The activities that will be conducted at the seminar will provide a profit to help support the agency. The seminar is planned to take place in a conference room
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( http://www.accountingformanagement.com/production_budget.htm ) Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be
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BIS/220 JUAREZ VIEIRA 30 July 2012 Melanie Becker In today’s society the whole world almost has access to the internet; with over two billion people accessing the internet daily and seeing a 528.1% increase in the total internet user population since 2000 computer have not only been a way that people now conduct their business but is now the main line of communication. With over two billion people on the internet‚ and the number growing parents and the government became increasingly worried
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Associate Level Material Critical Analysis Forms Fill out one form for each source. Source 1 Title and Citation: An Updated Background Check System Will help Prevent Gun Violence | Watkins‚ C. (2012). An Updated Background Check System Will help Prevent Gun Violence. Retrieved from http://ic.galegroup.com/ic/ovic/ViewpointsDetailsPage/ViewpointsDetailsWindow?displayGroupName=Viewpoints&zid=09f25cf4b1025b220de942513a8391bc&action=2&catId=&documentId=GALE%7CEJ3010015251&a
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NTPC (NATIONAL THERMAL POWER CORPORATION) INTRODUCTION: NTPC Limited is the largest thermal power generating company of India. A public sector company‚ it was incorporated in the year 1975 to accelerate power development in the country as a wholly owned company of the Government of India. At present‚ Government of India holds 89.5% of the total equity shares of the company and the balance 10.5 is held by FIIs. Domestic Banks‚ Public and others. Within a span of 31 years‚ NTPC has emerged as
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Axia College Material Appendix A Final Project Overview and Timeline Final Project Overview The final project for PSY 230 is a personal narrative in which you apply personality psychology theories and concepts to better understand yourself. For this project‚ you are expected to incorporate your understanding of personality theory with self-actualization into one reflective‚ personal narrative paper. Final Project Timeline You should budget your time wisely and work on your project
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Advantages and disadvantages of a master budget Advantages of a master budget are: a. It gives an idea where a company wants to go (its goal).. b. It determines what the company has to do in order to achieve this goal. c. It helps the company to realistically project future cash flows. d. This cash flow will enable the company to get certain types of financing. In short a master budget formalizes planning‚ provides an framework for judging performance and it helps managers to communicate and
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