HomeNNHSCalendarFAQSearchMemberlistUsergroupsRegisterLog in

Share | 
 

 T.L.E II (Assignment) July 15,2010

View previous topic View next topic Go down 
AuthorMessage
II-2(SAMPAGUITA)
II-2 Sampaguita
avatar

Posts : 20
Join date : 2010-07-08

PostSubject: T.L.E II (Assignment) July 15,2010   Thu Jul 15, 2010 6:10 am

1.What is Operational Budget?

An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of the operation including reimbursable work or services for others. It also includes estimates of workload in terms of total work units identified by cost accounts.

One that embraces the impacts of operating decisions. It contains forecasts of sales, net income, the cost of goods sold, selling and administrative expenses, and other expenses. The cornerstone of an operational budget is forecasted sales. Therefore, the Sales Budget is the basic building block for the operational budget. Once the sales budget is prepared, then the Production Budget can be formulated. The operational budget also consists of the ending inventory budget, direct material budget, direct labor budget, factory overhead budget, selling and administrative budget, and budgeted income statement.


2.What Are The Components Of Family Budget?


1 Housing: rent, mortgage
2 utility: phone, electric,heat, water, trash, cell phones
3 food : groceries, non food items for household
4 Medical
5 Taxes
6 car and gas
7 Clothes,shoes
8 Entrainment: movies, cable, internet
9 Retirement
10 college
11 credit card bills
12 household repairs and up keep
Back to top Go down
View user profile http://2-2sampaguita.darkbb.com
 
T.L.E II (Assignment) July 15,2010
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Only panda born in U.S. in 2010 named 'Po'
» Leicester Mercury 7 July 2011.
» Home alone...Leicester Mercury 23 July 2011
» Dailystar 6th July 2013 -!!! Five-suspects-in-the-frame-for-Madeleine-Mccan-abduction
» For those awaiting delivery of July cheques...

Permissions in this forum:You cannot reply to topics in this forum
II - 2 Sampaguita :: T.L.E II-
Jump to: