ACC/543 Week4: Signature Assignment: Flexible Budget
- For this assignment, connect to the scenario located in “Problems – Series A,” minority 8-19A of Ch. 8, “Performance Evaluation,“ of Fundamentals of Managerial Accounting Concepts. This scenario puts you in assault of preparing a budget for the Redmond Management Association annual general kindred luncheon.
Read the scenario in the textbook and adequate the essence beneath.
Use Excel—showing all effect and formulas—to adequate the forthcoming:
- Prepare a supple budget.
- Compute the sales body hostility and the inconstant consume body hostilitys inveterate on a similitude betwixt the overcome budget and the supple budget.
- Compute supple budget hostilitys by comparing the supple budget after a while the objective results.
- Create a 6- to 8-slide gift for the budget committee discourse. Adequate the forthcoming in your gift:
- Summarize the results of the sales body and inconstant consume body hostilitys computations inveterate on the similitude betwixt the overcome budget and the supple budget.
- Summarize the results of the supple budget hostilitys computations inveterate on the similitude betwixt the supple budget and the objective results.
- Justify the auspicious or unauspicious budget hostilitys.
- Since this is a not-for-profit structure, address why anyone should be concerned after a while discourse the budget.
- Make recommendations for what can be performed dissimilar to alight on budget for forthcoming luncheons. Provide unfair examples to help your recommendations.
- Cite references to help your assignment.
Format your citations according to APA guidelines.
*** The scenario has to be subjoin beneath****