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Summary Budget Case Study Assignment
ABC Temp Devices is a domestic and global producer of temperature monitors. Based upon the influx of domestic and global companies wanting to purchase their temperature monitors, demand has recently skyrocketed. The importance of the managerial accounting department has been brought to the forefront, as they are being asked to provide preliminary information on the new business developments. ABC’s major competitor is 123 Engineering Laboratories, located in Pullman, Washington.
Imagine that you are the head of ABC’s managerial accounting department. The CEO has asked you to recommend an operating budget and financial benchmarks compared to the leading competitor in the market, as well as recommend a cost system appropriate for the product. Summary Budget Case Study Assignment Help
Instructions
Prepare a 2–3 page summary of your recommendations. Be sure to include suitable sources to justify the rationale for your decisions.
- Recommend a budget type.
- Recommend at least one financial benchmark you think the CEO of ABC should consider. Provide a rationale for your response.
- Recommend a cost system appropriate for the product.
- Provide an explanation of the budgeting rationale you proposed and why you believe your suggestions will put the company in a better position than the leading competitors. Remember to reference the financial benchmark, budget type, and cost system in your explanation. Summary Budget Case Study Assignment Help
- Use one source to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source slide at least one time within your assignment.
Summary Budget Case Study Assignment Help
APA Paper Formatting Basics
- All text should be double-spaced
- Use one-inch margins on all sides
- All paragraphs in the body are indented
- Make sure that the title is centered on the page with your name and school/institution underneath
- Use 12-point font throughout
- All pages should be numbered in the upper right hand corner
- The manual recommends using one space after most punctuation marks
- A shortened version of the title (“running head”) should be placed in the upper left hand corner
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