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REQUIREMENTS: Prepare, in good form, a Master Budget which includes the following: 1 Sales Budget 2) Production Budget 3) 4) 5 Factory Overhead Cost Budget
REQUIREMENTS: Prepare, in good form, a Master Budget which includes the following: 1 Sales Budget 2) Production Budget 3) 4) 5 Factory Overhead Cost Budget 6) Direct Materials Purchases Budget Direct Labour Cost Budget Cost of Goods Sold Budget Selling and Administrative Expenses Budget Budgeted Income Statement Schedule of Collections from Sales Schedule of Payments for Manufacturing Costs 7) 8) 9) 10) Budgets should be for the individual three (3) months of the first quarter of 2019. Include a quarterly total column on the right side. (except for #6 and #8). Budgets #6 and #8 are for the first quarter only. Each budget/requirement should be in a separate tab within one spreadsheet. All pages should be in portrait format using the same font. Please staple your printed copy in the upper left corner. Do not put the sheets into plastic or a binder. Treat this as you would any other professional document you are presenting to a client or employer. Use proper rounding and show two (2) decimal places of accuracy on dollar amounts. Round up and show whole amounts on all other figures. (Hint) Excel provides functions for rounding: -ROUND(your formula, 2) ROUNDUP(your formula,o)
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