Unformatted text preview: production requirements. Manufacturing overhead budget The manufacturing overhead budget shows the expected manufacturing overhead costs for budget period. The manufacturing overhead budget shows cost of overhead and distinguishes between variable and fixed overhead costs. Selling and administrative expense budget The selling and administrative expense budget projects anticipated selling and administrative expenses for the budget period. The selling and administrative expense budget shows costs related to sales and administration. Budgeted income statement The budgeted income statement indicates the expected profitability of operations for the budget period. The budgeted income statement provides the basis for evaluating a company’s financial performance. Cash budget The cash budget shows anticipated cash flow. A cash budget contributes to more effective cash management. It can show managers when additional financing will be necessary. ACC 220...
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This note was uploaded on 04/09/2010 for the course ACC/220 ACC220 taught by Professor Mitzikent during the Summer '09 term at University of Phoenix.
- Summer '09