GUESS WHO JEANS STATIC BUDGET VARIANCE FOR THE MONTH JUST ENDED Income Statement line-item Budgeted amount per unit Static Budget (A) 10‚000 units Actual Results (B) 16‚000 units Static Budget Variance (A) – (B) Revenue Variable costs: Materials Labor Overhead Total Contribution margin Fixed costs: Manufacturing Overhead Marketing costs Total fixed costs Operating
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Budget is something that every citizen of India looks forward to. It determines how the finances are going to be managed for the coming year. The Union Budget 2013-2014 is perhaps the most budget of post reform India. This budget‚ as always has been welcome by some‚ while for the others it is a total unsatisfactory one. The Finance Minister‚ Mr. Chidambaram has tried to cut down the expenses and has tried to increase the fiscal by next year end. Listed below are the highlights of the Union
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let my personal opinions or feelings affect the relationship. 1.2. Describe different working relationships in health and social care settings Different types of working relationship could include the following: 1) person in need of support‚ 2) person’s family‚ 3) person’s friends‚ 4) colleagues/ work mates‚ 5) managers‚ 6) advocates‚ and 7) other care professionals. 2.1. Describe why it is important to adhere to the agreed scope of the job role - In my working relationship‚ I agree
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BUDGET According to CIMA ‚ Official Terminology “A budget is a financial and /or quantitative prepared prior to a defined period of time ‚ of the policy to be pursued during that period for the purpose of attaining a given objective.” In the words of Crown and Howard ‚ “ A budget is a pre- determined statement of management policy during a given period which provides a standard for comparison with the results actually achieved.” BUDGETRY CONTROL Budgetary control is the process of determining
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the recruitment process in “ your organization ” Recruitment process can be defined as the process of finding and hiring the best-qualified candidate (from within or outside of an organization) for a job opening‚ in a timely and cost effective manner. The recruitment process includes analyzing the requirements of a job‚ attracting employees to that job‚ screening and selecting applicants‚ hiring‚ and integrating the new employee to the organization. Recruitment is the process of searching the
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The Public Budget Cycle of the Bureau of Prisons Name: Institution Affiliation: Course: Date: The bureau of prisons is a program that was established in 1930. Its main purpose was to offer inmates in federal prisons more progressive and humane care. As an agency of the Department of Justice‚ it has the sole purpose of confining offenders and facilitating their correction. Ultimately‚ this results in the agency protecting the society. (Behren & Korfona‚ 2002) However‚ the agency faces certain
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Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: Theproduction budgetis prepared after thesales budget. Theproduction budgetlists 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 determined as follows. | Budgeted sales in units-------------------
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Traditional Budget Accounting…………………………………...……… pg 3 1.Taxonomy of Chinese Accounting……..…………….......................... pg 3 1.1 The Domain of Budget Accounting……….…………...………... .pg 3 1.2 Chinese units……………………………………………………... pg 4 2. Public Financial Management Process……………………..……….. pg 4 Conventional Budget Accounting …………………………………………pg 5 1. Overall and Unit Budgets…………………….…………………….. pg 5 2. Characteristics of the Chinese Budget Accounting
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1. There are many criticisms about budget‚ but using budget can increase sales‚ decentralize and empower to lower level. According to the reading articles‚ budgetary can replace the fixed performance target with openness and transparency. And also management can give employees more freedom to manage. For example‚ Musimundo did not have budget before 2004. After 2004‚ it had established budget system. The budget was separated in two ways which were bottom-up and top-down. Employees who are at the
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City Road‚ describe some of the inequalities on a street which you know.” Very much like City Road‚ the street which I observed for comparison‚ Concord High Street‚ is a mixture of consumer outlets and places in which the local population socialise‚ during the day and later on on a night. Concord High Street is part of what is locally understood to be ‘Old’ Washington‚ i.e. the original small village that once stood here amongst the coal mines‚ as opposed to ‘New’ Washington‚ which includes the
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