Questions and Exercises

Questions and Exercises - Questions and Exercises Address...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Questions and Exercises Address the following questions and exercises and post your responses to the weekly discussion board by Saturday, 11:59 p.m. This assignment is worth 30 points. You are encouraged to work together on the questions and exercises, discussing the possibilities, but you must post your own work. 1. Why should all levels of management and all departments participate in preparing and submitting budget estimates? All levels of management and departments should prepare and submit budget estimates to be successful. By doing this businesses will establish specific goals for future operations, direct and coordinate plans to achieve the goals, and be able to periodically compare actual results with the goals 2. Ex. 13-3 STEELCA SE INC.— FABRICA TION DEPART MENT Flexible Productio n Budget October 2010 (assumed data) Units of production 12,000 15,000 18,000 Variable cost: Direct labor $ 84,000 $ 105,000 $ 126,000 Direct materials 783,000 978,750 1,174,500 Total variable cost
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

Questions and Exercises - Questions and Exercises Address...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online