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Managerial Accounting ll (Example)

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ACC 202: Final Project Part II Budget Analysis Submission Student name Course title Name of the instructor The main goal of this accounting paper is to examine and discuss in length the budget process for of “make” or “buy decisions and non-performance measures. The budget process is when an individual or organization creates and manages a financial plan that will allow the managers to plan track and control all spending. The budget process is different for each company in smaller companies it may be simple and informal but in larger companies the process may use a committee to coordinate the process. When budgeting for Peyton Approved we looked at the production budget raw materials budget direct labor budget factory overhead budget selling expense budget and general and administrative expense budget this gave us a clear picture of the overall budget for the company. After using the budget the companies in an honest and accountable manner. The recruitment of the employees should also be open and transparent .The qualifications and experiences of an individual should be considered during the recruitment exercise (Bluepoint 2001). In conclusion making a product is very significant to the company this is because making a product will help in saving time as well as saving the cost of production by reducing such cost such as the transportation cost of the raw materials. Selecting the ‘make’ option is also significant in reducing the budget variance as the company will presumably spend less in making the product than buying the same product References Nobles T. L. Mattison B. L. Matsumura E. M. (2014). Horngren’s financial and managerial accounting (4th ed.). Upper Saddle River NJ: Pearson Education Inc. Dikolli S. (2014). Non-financial Performance Measures Duke University Fuqua School of Business. Bluepoint. (2001). Non-financial Measures.Retrived from http/: www.bluepoint .com [...]

Order Description:

Please complete a 6 page essay and follow the rubric and prompts on template.

Subject Area: Accounting

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $40

Words 1100

Pages 4

Completed in 7 days

Expert kipkirui goeffrey

Client Review

Great paper!

Positive
12.15.2017

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