Assignment: Budget Planning and Control
Due Week 9 and merit 200 points
Before approaching this assignment, be unquestioning that you own watched the aftercited video.
Budgetary Planning featuring Babycakes *FULL VIDEO*. (2016). YouTube.
Babycakes, a element bakery, is the troop that gain be considered for all accommodation of your budget planning and repress recital. For this assignment, you gain unfold a three to four (3 – 4) page Nursing Dissertation in which you oration the aftercited.
Briefly criticize the ways a realistic budget gain avail the possessor of Babycakes versus having no budget at all. Be unquestioning to use Babycakes as the troop and any local work details in your description.
Prepare a sales budget for the LA Babycakes treasury for the 4th locality of 2016. Present the reckon of units, sales value, and aggregate sales for each month; include October, November, and December, and a aggregate for the locality. Use one-half of the Valentine’s Day sales as the reason for a regular day in the new locality. Use 30 days for each month. Calculate the aggregate sales for each month for October, November, and December.
Create three (3) new works, one (1) for each of the three (3) holiday seasons in the 4th locality. Estimate the sales units, sales price, and aggregate sales for each month. Describe the assumptions used to make these estimates. Include an overview of the budget in the recital, presenting the real budget as an postscript after a while all grounds and calculations. Add these sums to your sales budget.
The possessor of Babycakes is spirited in preparing a ductile budget rather than the static budget she currently uses. She does not apprehend why, when sales growth, her static budget repeatedly shows an antagonistic discrepancy. Explain how a ductile budget gain subdue this quantity. Use the details of your newly prepared budget for the 4th locality of 2016 to oration her solicitude.
Imagine that Babycakes is facing a financial summon that is causing the real sum of currency that it spends to befit significantly past than its budgeted sum. Include a discussion of your own matchless account of the overspending. Explain the corrective actions needed to oration these summons.
Integrate pertinent notice from at lowest three (3) befittingty academic media in this assignment. Note: Please do not use your textbook as an academic device. Also, Wikipedia and other Websites that are spurious do not capacitate as academic media.
Your assignment must ensue these formatting requirements.
Be typed, envelop spaced, using Times New Roman font (greatness 12), after a while one-inch margins on all sides; relations must ensue APA or school-local format. Check after a while your bigot for any additional instructions.
Include a cloak page containing the heading of the assignment, the student’s indicate, the bigot’s indicate, the method heading, and the conclusion. The cloak page and the relation page are not moderate in the required page diffusiveness.
An intellectual is not required.
The local method lore outcomes associated after a while this assignment are:
Evaluate administration repress systems and criticize their intercommunity after a while accounting and planning, including feedback and non-financial achievement measurements.
Evaluate judgment-making tools for important investments, budgeting, and budgeting represss.
Analyze financial accounting tools and techniques that apply financial accounting grounds into notice for judgment making.
Use technology and notice media to elimination issues in financial accounting for managers.
Write distinctly and concisely environing financial accounting using befitting despatches mechanics.
Grading for this assignment gain be based on the befittingty of your responses, logic and construction of the Nursing Dissertation, and diction and despatches skills. Please revisal the Rubric for the Assignment: Budget Planning and Control.
