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Anthony Burkhardt's Ch23-PowerPoint

Oh usemanufacturingbudgets

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Unformatted text preview: minimum. Chapter 23-10 Financial Budgets: Budgeted Balance Sheet Financial Budgets: Budgeted Balance Sheet A projection of financial position at the end of budgeted end period period Developed from the budgeted balance sheet for the preceding year and the budgets for the current year Budgeting: Merchandising Companies Budgeting: Merchandising Companies Sales Budget: starting point, just like manufacturing Use a merchandise purchases budget instead of a production budget merchandise Does not use manufacturing budgets (DM,DL, & Man. O/H) use manufacturing budgets To determine budgeted merchandise purchases: Chapter 23-11 Budgeting: Service Companies Budgeting: Service Companies Critical factor in budgeting is coordinating professional staff coordinat...
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