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Unformatted text preview: what to by finding the unknown variable Flexible Budget – able to adjust for diff levels of activity Final Chap. 16 – mfg cost 17 – OH applied no ABC 20 – Break even 24 – variance of Materials & labor 23 – budget (not include) Answer qualitative question about Statement of Cash Flow Share Story Selectica o Internet company in booming day of internet o Issue C/S for cash in 1999 never earn a profit Still survive because the lump sum of cash make at IPO Stock price already decrease from IPO No tax, but have a lot of tax evaluate (Accumulated Deficit) deferred tax o Deferred revenue – already get money, but didn’t perform any operation yet...
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- Spring '14
- Production budget DM, Sales budget selling