-
Assignment: Budget Planning and Control
Due Week 9 and worth 200 pointsBefore approaching
this assignment, be sure that you have watched the following video.
- Budgetary Planning featuring Babycakes *FULL VIDEO* . (2016). YouTube.
- Briefly discuss the ways a realistic budget will benefit the owner of Babycakes versus having no budget at all. Be sure to use Babycakes as the company and any specific product details in your explanation.
- Prepare a sales budget for the LA Babycakes store for the 4th quarter of 2016. Present the number of units, sales price, and total sales for each month; include October, November, and December, and a total for the quarter. Use one-half of the Valentine’s Day sales as the basis for a usual day in the new quarter. Use 30 days for each month. Calculate the total sales for each month for October, November, and December.
- Create three (3) new products, one (1) for each of the three (3) holiday seasons in the 4th quarter. Estimate the sales units, sales price, and total sales for each month. Describe the assumptions used to make these estimates. Include an overview of the budget in the report, presenting the actual budget as an appendix with all data and calculations. Add these amounts to your sales budget.
- The owner of Babycakes is interested in preparing a flexible budget rather than the static budget she currently uses. She does not understand why, when sales increase, her static budget often shows an unfavorable variance. Explain how a flexible budget will overcome this problem. Use the details of your newly prepared budget for the 4th quarter of 2016 to address her concern.
- Imagine that Babycakes is facing a financial challenge that is causing the actual amount of money that it spends to become significantly more than its budgeted amount. Include a discussion of your own unique cause of the overspending. Explain the corrective actions needed to address these challenges.
- Integrate relevant information from at least three (3) quality academic resources in this assignment. Note:Please do not use your textbook as an academic resource. Also, Wikipedia and other Websites that are unreliable do not qualify as academic resources.
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
- An abstract is not required.
- Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-financial performance measurements.
- Evaluate decision-making tools for capital investments, budgeting, and budgeting controls.
- Analyze financial accounting tools and techniques that convert financial accounting data into information for decision making.
- Use technology and information resources to research issues in financial accounting for managers.
- Write clearly and concisely about financial accounting using proper writing mechanics.
- By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.
Write an essay in a 1- to 2-page Microsoft Word document defining one of the populations below. You will use this population for other assignments....
Summary 1 PageInstructions:
Read the attached article documents three important items in the article and as a group discuss the article...
The Research Paper for this course will be on the topic of your choice. For this part of the Research Paper Assignment, you will submit...
No hard grammar , No plagiarism, ues this source only and summrrize it ,( one world rival theories)...
CAPSTONE WRITING...
700 words x2...
please see attached filed (data + 12 problems)...
• WEEK 8 ASSIGNMENT GP 210
•
• Types of Political Crime
In a well-constructed one page essay (500+ words), discuss the differe...
Response 2Physical disabilityPersons with physical disabilities face challenges obtaining suitable shelter that meets theirneeds. Stakeholders should...
NursingThe registered professional nurse has been asked to develop a program for the local Asian American community that focuses on primary...
Assignment RequirementsCongratulations! Last week you successfully completed the task on time and had a fun weekend. Now, y...
What did you notice about the way the opportunity for this project came about that was an unusual business practice for...
Other samples, services and questions:
Calculate Price
When you use PaperHelp, you save one valuable — TIME
You can spend it for more important things than paper writing.
