Master Budget the Variable Manufacturing Term Paper

Open, View, and/or
Download this Document

Total Length: 559 words ( 2 double-spaced pages)

Total Sources: 0

Page 1 of 2

5%/

2.) the calculation that converts the wholesale price of the 12/31/2008 lipstick inventory from 11.5mm to the cost of 9.7mm is the cost of goods manufactured from cost of inventory on hand 12/31/2007.

3.) if the variable manufacturing cost per unit stayed equal in 2009 and 2010, the sales volume on nail polish after the price reduction would increase to a maximum of the projected 11.6. The variance between the budgeted and expected sales is a function of the increase in the variable manufacturing cost. However, should there be no actual increase, the variance in projected and actual sales should be reduced to zero.

4.) Based on the level of annual total sales dollars needed to break even in 2008, 2009, and 2010, the approximate level of annual sales is 90% of the 2010 sales, or 28mm.

5.) Given the lump sum loan repayment in 2012, the firm is likely to break-even due to the offsetting increase in operating capital due to the loan repayment.

Stuck Writing Your "Master Budget the Variable Manufacturing" Term Paper?

View All Our Example Master Budget the Variable Manufacturing Term Paper

Have A Custom Example Essay Written



6.) Budgeted Income Statement

Sales

40

Cost of Goods Sold

27.7

Gross Margin

12.3

Marketing & Promotion

3.4

General Administration

1.3

Interest

1.8

Pretax Income

5.8

Cash FlowBudget

Cash receipts from Customers

40 mm

Cash disbursements

Variable Manufacturing

14.2

Fixed Manufacturing

1.0

Marketing & Promotion 3.4

General Administration 1.3

Interest

1.8

Total Disbursements

21.7

Beginning Cash

5.5

+Receipts

40

-Disbursements

21.7

-Loan Repayment

10

Ending Cash

13.8

Pro-Forma Year-End Balance Sheet

Assets

Cash

13.8

Miscellaneous Current Assets

3.0

Inventory

12.4

Property & Equipment

11.2

Goodwill

9.3

Total Assets

49.7

Equities

Bank Loan

16.3

Miscellaneous Current Liabilities

4

Comon Stock

12.5

Retained Earnings

10.4

Total Equities

43.2

7) the suggested change in the allocation of….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Master Budget The Variable Manufacturing" (2011, February 08) Retrieved May 21, 2024, from
https://www.aceyourpaper.com/essays/master-budget-variable-manufacturing-3938

Latest MLA Format (8th edition)

Copy Reference
"Master Budget The Variable Manufacturing" 08 February 2011. Web.21 May. 2024. <
https://www.aceyourpaper.com/essays/master-budget-variable-manufacturing-3938>

Latest Chicago Format (16th edition)

Copy Reference
"Master Budget The Variable Manufacturing", 08 February 2011, Accessed.21 May. 2024,
https://www.aceyourpaper.com/essays/master-budget-variable-manufacturing-3938
   

Open, View, and/or
Download this Document
order custom essay example