Preview

Aforementioned Budget Case

Satisfactory Essays
Open Document
Open Document
82 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Aforementioned Budget Case
Aforementioned budget is based on a number of assumptions. The first assumption is that the spike in sales is restricted to the specific day of the holiday and not on their respective eves and the day after, aside from Christmas Eve and Boxing Day, which can be considered independent holidays. Secondly, the number of units sold is a rough estimate based on the sales that are reported on Valentine’s Day, and the business is likely to have grown in the intervening months.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Acc 220 Appendix C

    • 336 Words
    • 2 Pages

    |Sales budget |An estimate of expected sales for the budget period. |Is used to compare actual sales volume to revenue for a specific|…

    • 336 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Chester & Wayne

    • 987 Words
    • 4 Pages

    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:…

    • 987 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    regardless of the actual amount of care used. The amount of the payment is based on the value…

    • 2261 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Hcs 571

    • 1318 Words
    • 6 Pages

    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.…

    • 1318 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Chapter 7

    • 269 Words
    • 2 Pages

    In the following project, you will perform What-IF Analysis to calculate budget information for your University’s Valentine’s Day formal.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Financial Analysis Task 2

    • 822 Words
    • 3 Pages

    A budget is a numerical expression of revenues and expenses for a specific period of time. (Sullivan, 2003) It expresses plans of business units in measurable terms. This document is a guide for predicting performance situations. The budget should assist the company in planning use of its resources and providing direction.…

    • 822 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Budget Request

    • 795 Words
    • 4 Pages

    in traffic accidents. There were more than 23,000 crashes during 2010 in the New port News…

    • 795 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Budget

    • 461 Words
    • 4 Pages

    Based on these 2009 assumptions: a 3% overall deflation rate for prices in 2009—due to the weak economy—will continue into 2010.…

    • 461 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Flexible Budgets Acc 543

    • 971 Words
    • 4 Pages

    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.…

    • 971 Words
    • 4 Pages
    Good Essays
  • Good Essays

    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…

    • 1226 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Jet task 2

    • 421 Words
    • 2 Pages

    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.…

    • 421 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Master Budget Analysis

    • 772 Words
    • 4 Pages

    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.…

    • 772 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Finance Case

    • 2936 Words
    • 12 Pages

    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.…

    • 2936 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Cost Management Case2

    • 3318 Words
    • 46 Pages

    was used to repeat to his father that bigger dimensions were necessary to offer to the market a wide…

    • 3318 Words
    • 46 Pages
    Powerful Essays
  • Powerful Essays

    Budget Constraint

    • 9477 Words
    • 38 Pages

    Budget Constraint of De La Salle University – Dasmariñas CBAA Students pertaining to Food and Transportation Fare…

    • 9477 Words
    • 38 Pages
    Powerful Essays