Budgeting and Forecasting

Budgeted labour cost is an expected or standard labour cost to perform any activity. In budgeting process budgeted cost for doing every activity is calculated before so that it would be helpful in control or evaluation stage to check whether expenses are according to budget or not and if not then what's the reasons.

This years' sales plus last years' sales divided by 2

budget deficit

budget statement of cash flow

the word fixed expenses means to rent

what values does a budget have for a family

A break-even analysis estimates the point in time when an investment will pay for itself. For example, you spend $100 on a piece of equipment. At the point in time that the investment results in $100 cumulative profit, you have broken even.

Cost of case divided by number of units.

For example you bought a dozen eggs for $ 24..

what is the unit price per egg?

$24 / 12 = $2 per egg.

or say you are calculating the cost of manufacturing 1 unit..

given: the cost of manufacturing 2000 units of product ABC is as follow, find unit price?

Total material cost $ 5000

Total labour cost $ 4000

Other expenses $ 1000

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total cost of manufacturing $ 10000

solution: Total Cost/ no. of unit manufactured

10000/2000 = $5 per unit

There are sexual factors to consider in planing meals for the family and for special occasions.they are food budget , facilities , and equipmentneed in the preparation of food time and energy available to do the work , wha the guests like and goals in preparing meals..

Learn to study your Business Studies curriculum properly.

The fixed cost is the same regardless of the number of units produced.

The variable costs are the costs of producing x number of units.

The break-even point is where value of sales = fixed costs + variable costs.

Flexible Budgets sound a bit like an oxymoron but really they're not. Budgets are usually built on an assumption or set of assumptions such as units produced, cargo moved, or customers helped. If these assumptions are achieved then the expenses anticipated in the budget should occur and variances calculated are valid. But, let's say that drastic change occurs in your industry rendering the assumptions upon which the budget was built hopelessly outdated. Examples of this could be the loss of a critical vendor or the influx of a major new customer. This would make comparisons of actual expenses to outdated budget expenses worthless. But flexible budgets can attempt to compensate for such changes by flexing the budgeted expenses based on changes to those underlying assumptions.Ok, here's a simplified example:

You make widgets. You forecast with all known information at budget time that there will be a market for your widgets of 100 next year. It cost you $2 per widget to make so your expenses would be $200. As you cruise through second quarter your sales team pulls off the order of the century and now you anticipate selling 10,000 widgets. Yippie! But suddenly your expenses are through the roof - duh - and at year's end you have expenses of $19,000. Comparing this to the budget of $200 you have a negative variance of $18,800. Is that bad to have expenses of $19,000? No. Your budget is not reflecting the new reality of selling 10,000 widgets.

Here's where flexible budgeting comes in. You establish what your budgeted expenses should "flex" on. In our case it would be widgets and by what relationship your expenses should flex. In our example above the relationship is $2 per widget. If your budget "flexed" on the number of widgets, the expenses would now be $20,000 and with this new number the variance calculation would make more sense.

Hope this helps.

money plan. chart for keeping track of money.

okay do you mean a homemade latte?

lets see!

milk - $2.50

latte maker - $75.00 (unless you use a straw to make it foamy by hand)

latte mix - $5.00

so about: $82.50

For the first Latte. Consider that the Latte machine is a sunk cost, the calculation should be made over a year time.

Capital: $75-100 for a Latte machine

Monthly expenses: Ground Espresso (if you are not grinding your own beans): $5-10

Weekley expenses: Milk @ $2.75/week (assuming that you use 1/2 cup of milk per day for a Lattee).

Now, if you are able to make a Latte 6 days a week, 50 weeks a year (considering vacation and days missed) you would have the following breakdown:

$137.5 /year for milk

$75 /year for a Latte machine (assuming you replace it yearly)

$90/year on ground Espresso (using $7.50 as the avg monthly cost)

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$302.5/yearly for a home made Latte.

If you would purchase the same at Starbucks at a cost of $4.00 per it would have a yearly cost of: $1200.

A budget is all expenses of the performances which has done by actual forecasting in front of the income and sources but balance sheet is a sheet that we appear what we have and both sides of balance should be equal and shows the situation of a company but budget shows the estimation of the costs!

A decrease in fixed cost per unit

If we pay Dividend the cash flow will decrease as money will go out

IT can provide an advantage because many people can be reached through messages sent on the Internet. The use of computerized systems also ensures that a business cuts down on certain costs.

EBITDA Margin = EBITDA/Sales

COGS = products sold (PS) * cost per product to produce (CPP)

If we consider inventory,

COGS = (beginning inventory - ending inventory + Products produced) * cost per product to produce

For further inquiry,

contact: gezahegnt@bdu.edu.et

If the cost relationship is linear no matter how many pieces are built or ordered, then take 110 US dollars divided by the 800 pieces it would buy to get .1375 cents cost per piece. Now that we know how much 1 piece would cost you can multiply it by whatever quantity you want. So 200 pieces times the .1375 cents cost per one piece equals $27.50.

Start with food, utilities, shelter, clothing and transportation. These are first since without them you can't even address the other costs like credit cards and such. After that there is giving, savings, insurance, and taxes. Budgeting also includes giving all adults a say in how it is created given the restrictions of your household's income. Then do not spend any money that is not in the budget unless another meeting is held and there is a equal reduction of one expense to accomodate any increase.

Asset.

That would be television advertising.

A co-loader is one who loads his freight with another consolidator who holds higher volume and in a position to ship without delay.