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Bedrock Cinder Block, Inc. ( BCB ) has been manufacturing and selling concrete cinder blocks to local and regional construction companies for over 5 0
Bedrock Cinder Block, Inc. BCB has been manufacturing and selling concrete cinder blocks to local and regional construction companies for over years. Since BCB is located in northwestern Pennsylvania, its sales are seasonal and follow the construction season, which runs primarily between April and November of any given year. Barney and Betty Rubble, owners of the familyrun company, have been managing it for many years, but have decided to start turning over some of the operations to you, their trusted friend and adviser. The Rubbles have never done much formal planning from one year to the next; Barney stated recently: "The Company has just run by itself for all these years, why mess it up You have heard them complain for years that money is tight during the first quarter of every year but they aren't sure how to deal with this issue. You state that, although the business has grown tremendously over the years and that they've done a great job, they should consider doing some formal planning for the upcoming year. They want to see what you've learned at PennWest University and have charged you with preparing a business plan for You meet with Barney and Betty to discuss some of the critical elements for the operating plan. They prefer a detailed, monthbymonth, month budget, but ultimately decide that a quarterly budget with yearly totals will suffice. They provide the following estimates to get you started. Quarterly Sales Forecast with Expected Selling Prices:
Bedrock Cinder Block, Inc. BCB has been manufacturing and selling concrete cinder blocks to local and regional
construction companies for over years. Since BCB is located in northwestern Pennsylvania, its sales are seasonal and
follow the construction season, which runs primarily between April and November of any given year. Barney and Betty
Rubble, owners of the familyrun company, have been managing it for many years, but have decided to start turning
over some of the operations to you, their trusted friend and adviser.
The Rubbles have never done much formal planning from one year to the next; Barney stated recently: "The Company
has just run by itself for all these years, why mess it up You have heard them complain for years that money is tight
during the first quarter of every year but they aren't sure how to deal with this issue. You state that, although the
business has grown tremendously over the years and that they've done a great job, they should consider doing some
formal planning for the upcoming year. They want to see what you've learned at PennWest University and have charged
you with preparing a business plan for
You meet with Barney and Betty to discuss some of the critical elements for the operating plan. They prefer a detailed,
monthbymonth, month budget, but ultimately decide that a quarterly budget with yearly totals will suffice. They
provide the following estimates to get you started.
Quarterly Sales Forecast with Expected Selling Prices:
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