You are the Production Manager of a manufacturing company, and you are tasked in developing...
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Accounting
You are the Production Manager of a manufacturing company, and you are tasked in developing a master budget of all costs so that decisions can be made by management.
You are to develop the following:
Identify a product, (2) develop the formulas for developing the product and the (3) manufacturing processes, (4) and estimate levels of sales and production
You must develop the following budgets:
Sales Budget
Production budget
Purchases budget
Personnel budget
Direct labor budget
Overhead budget
Selling and administrative budget
Capital budget
Cash budget
You must also compare your total cost per unit to industry standards and convince the professor that your product process and numbers are efficient and probable to support the mission of the companys profitability goals.
Required Key Indicators: Gross Profit, Sales, and Break Even Point
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