Budgeted and Actual Input Data [DO NOT CHANGE THE FORMAT] Forecast Information Actual Results Sales Volume (units) 4,500 Sales Price per unit 300.00…

Completion of the project requires the student to construct a spreadsheet that facilitates entering a company’s forecast information and the actual results of operations. The Master (Static) Budget, the Flexible Budget, and the Actual Operating Statement in addition to the amount of variances will be calculated automatically and the appropriate reconciliation completed.

The completed project will contain a sheet for input of data and a sheet for output. A template containing labels is provided. The student is responsible for entering the one formula on the input sheet and the formulas on the second sheet. The second sheet contains no input cells. All cells are labels or formulas.

Here are some specifics about this company’s operations and cost accounting practices:

·      There are no opening or closing inventories.

·      Overhead allocation is based on labor hours.

·      The company separates variable overhead allocation from fixed overhead allocation.

·      The company posts standard costs toward its operating statement for direct costs (DM, DL, VFOH, FFOH) and actual amounts for revenue and indirect costs (Selling and Administration).

·      The company writes off variances directly to cost of goods sold.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more