AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY

AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY


1,901 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
Department: accounting project topics | Type: Project topics and materials | Format: Ms Word, PDF | Attribute: Documentation Only | Pages: 54 Pages | Chapters: 1-5 chapters

AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY

PROJECT TOPICS AND MATERIALS ON AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY


CHAPTER ONE

 

1.1   GENERAL INTRODUCTION

 

        It is civilized study it is a generally accepted more that main tools of modern management is budget. Jesses Burke (1999) he is head of Maxwell graduate school of citizenship and public affair in Syracuse university write on the evaluation of modern budgeting. In his opinion he stated that originally budget were seen as a modern management tool which spread as a public prose for the revenue and expenditure of the economic. With the advent of modern budgeting the private organization budgeting goes beyond that. Budgets are also used to predict expenses and cost must be analyzed to determine the feasibility of the system employed. Budget has comprehensive outlines of the organization formulate its goals and objectives to be achieved during the year under preview. It establishes priorities for the use of scarce resource identify policies and operational modalities to implement programmers and project efficiency and provides a basis for an equalization of resources.

 

        Hence, one would conclude that budget in nay organization are central tools for organization development, budgeting requires explicit attention to targets and co-ordination of the results. This is result of public interest, which generally generated by corporate and individual organization. They are characteristic by measure budget deficit, considerable uncertainly as to an actual result and day to day management crises.

 

        Most of the policies on the budget remain operational when resources f their achievement are allocated. Budgets are the main measure by which essential resources of men and materials are allocated for the accomplishment of almost all the goals of those who under them.

 

        Budget should be provided for every development and every aspect of operation, administration, selling and manufacturing all of which from the basis on which on organization exists.

 

        Budgeting procedures must be set up, whereby predetermined cost can be obtained rather having this information available only after the accounting period. Effective budget proved detailed reports of completer costs regarding operations of the enterprise for the purpose of comparing such data with other period of operation and with other concern of the organization and for the analysis of the nature of any various that occurs.

 

        No selling price can be determined without taking into consideration in any estimating for over heads. The grater diversification of the products the more important it is for the manufacturing to have an accurate assignment of the overheads cost of the enterprise to each product manufacturing. The compilation of all the data regarding the actual cost as compared system so that it can be something built into the cost to advance aid management in funding enterprises to greater profitable period.

 

        The size and complexity of the business necessities breaking down the budgeting period into short range and long range budgeting period. Short range cover period of one year or short and budget of sales, over heads and cash etc are prepared during the period. A review of the budgets carried out from time to time range compared actual figures with budgeted figures. If the budgets are fund to be out of line they will have to be adjusted for future period. The key is constant review up dating of the budgets. The long range budgets on the other hands, cover generalities are not as detailed and specific as short range budget for example the budgeter is more interest in the general projected increase in sales volume. Stemming from the projector sales volume would be capital improvements. This would give management an idea of what now types of equipment new plant etc the company should be planning on acquiring. The budget being a fools of management should be flexible to give room for updating from time to time. Management must be ready to meet actual demands and changes not withstanding the budgets.

 

        An important consideration in the preparation of the budgets is that management should not set unrealistic and unattainable goals. The more the goals are realistically set, the more the budgets will be an aid in establishing efficiency and answering maximum profit.

DOWNLOAD COMPLETE WORK FOR AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY


Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for an evaluation of budget and budgetary control in a manufacturing company:
Reviews: A Review on an evaluation of budget and budgetary control in a manufacturing company, evaluation, budget, budgetary project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
No selling price can be determined without taking into consideration in any estimating for over heads. The grater diversification of the products the more important it is for the manufacturing to have an accurate assignment of the overheads cost of the enterprise to each product manufacturing. The compilation of all the data regarding the actual cost as compared system so that it can be something built into the cost to advance aid management in funding enterprises to greater profitable period. The size and complexity of the business necessities breaking down the budgeting period into short range and long range budgeting period. Short range cover period of one year or short and budget of sales, over heads and cash etc are prepared during the period. A review of the budgets carried out from time to time range compared actual figures with budgeted figures. If the budgets are fund to be out of line they will have to be adjusted for future period. The key is constant review up dating of the budgets. The long range budgets on the other hands, cover generalities are not as detailed and specific as short range budget for example the budgeter is more interest in the general projected increase in sales volume. Stemming from the projector sales volume would be capital improvements. This would give management an idea of what now types of equipment new plant etc the company should be planning on acquiring. The budget being a fools of management should be flexible to g.. accounting project topics

AN EVALUATION OF BUDGET AND BUDGETARY CONTROL IN A MANUFACTURING COMPANY

Project Information

Share Links

Download Post (MsWord)
Download Post (PDF)

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?