Tài chính kế toán - Chapter 3: Operating budgets

Chapter 3 Operating budgets1Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldOperating budgetsPurchases budgetCost of goods sold budgetOperating expense budgets 1. Marketing expense budget 2. Administration expense budget 3. Financial expense budgetSpecialised service industry budgets 1. Professional and support labour budget  2. Materials usage budgetBudgeted statement of financial performance2Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldPurchases budget in dollarsfor 3 months ending 30 JuneApril $May $June $Quarter $Cost of salesadd ending stockTotal requirementsless beginning stockpurchases3Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldPurchases budget in units for quarter ending 31 MarchJanFebMarchQuarterSales [units]Ending stock [units]Total req. [units]less beginning stock [units]Purchases [units]Cost per unit $Cost of purchases $4Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldCost of goods sold budget for3 months ending 30 JuneApril $May $June $Quarter $Beginning stockPurchasesGoods available for saleEnding stockCost of sales5Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldMarketing expense budget for3 months ending 30 JuneApril $May $June $Quarter $6Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldAdministration expense budget for 3 months ending 30 JuneApril $May $June $Quarter $7Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldFinancial expense budget for 3 months ending 30 JuneApril $May $June $Quarter $8Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya AronfeldBudgeted statement of financial performance for 3 months ending 30 JuneApril $May $June $Quarter $Salesless COGSGross Profit Operating exp.MarketingAdministrationFinancialTotal ExpensesNet Profit9Copyright  2003 McGraw-Hill Australia Pty LtdPPTs t/a Budgeting, second edition, by Banks & GilibertiSlides prepared by Mya Aronfeld