Case 13-9 ZOU’s Fencing Controls ZOU Fencing Inc. (ZOU Fencing or the Company) is a public company in the United States that files quarterly and annual reports with the SEC. ZOU Fencing has five manufacturing facilities located in Missouri and produces and provides chain-link fencing to customers throughout the Midwest (Wisconsin, Indiana, Michigan, Ohio, Illinois, and Iowa) via rail car. ZOU Fencing sells chain-link fencing to customers under free on board (FOB) shipping point terms. Therefore
Words: 2449 - Pages: 10
and expense budget last year. Russ employed a simple bottom-up process to allow participation from his department heads. They used the budgeting system mainly to project revenues basing on a 25% increase in sales the management team estimated. Sales budget being the cornerstone of the entire master budget, became the basis of coordination for all other departments’ budgets. Budget period was broken down by months and by products. Russ consolidates, reviews and discusses the budget with his managers
Words: 569 - Pages: 3
When creating a personal budget, there are several expenses to include such as Transportation, Insurance, and Food cost. These costs and many more expenses are necessary to operate in everyday life. The major categories when budgeting are housing, communication, medical/insurance, food, clothing, transportation, and entrainment. When began budgeting for housing I took many aspects into consideration like, the location, how many bedrooms, or whether I wanted an apartment or a house. Overall in
Words: 725 - Pages: 3
more items. Before preparing estimates, the budget manager will log into PeopleSoft enterprise, which is a management system that provides financial documents and employee data. The employee data and financial documents provide the relevant information that are necessary for creating projections. PeopleSoft enterprise is also used to upload and transfer financial worksheets. On that project I observed and reviewed projection methodology with the budget projections
Words: 832 - Pages: 4
is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible budget?What is a flexible
Words: 2311 - Pages: 10
overspending and generating profits. They are active in the budgeting process throughout the fiscal year. The budget department manager communicates with other managers, and accounting departments concerning budget issues, financing, and concerns in the organizations departments. Sometimes situations occur whereas payroll salaries are high and supplies are lower than planned and budgeted. The budget manager is responsible for providing feedback about finances, revenue, and any potential variances in the
Words: 866 - Pages: 4
M4 – Analyse the reasons why costs need to be controlled to budget. Introduction – for this assignment I will be analysing the advantage and disadvantage about the business that brad owns, which involves transporting business people to and from the airports using luxury cars. Furthermore I will also explain what the word budget, fixed, variable and total costs means. The main topic that I will cover is the fact that if brad does nothing to his costs than what effects will it have on the business
Words: 391 - Pages: 2
long term planning.". A budget is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. It means budget is very particular plan for a company so that a company can actually know about the financial problem. In business, budgets help you determine how much money you have and how you will use it, and help you decide whether you have enough money to achieve your financial goals. As part of a business plan, a budget can help convince a loan
Words: 501 - Pages: 3
Analyzing Financial Statements Holly Regan HSM/260 May 16, 2014 Greg O'Donnell Analyzing Financial Statements COMPARATIVE RATIO | 2002 (A) | 2003 (A) | 2004 (A) | Current=Current Assets/Current Liabilities | 104,296/139,017 RATIO= .75 | 82,058/93,975RATIO= .87 | 302,902/337,033RATIO= .90 | Long-Term Solvency=Total Assets/Total Liabilities | 391,270/310,246 RATIO= 1.26 | 359,863/259,979 RATIO= 1.38 | 699,004/338,937 RATIO= 2.06 | Contribution=Largest Revenue
Words: 1642 - Pages: 7
Contact & Organization Information 1. Name of Person Submitting Application: 2. Your Organization’s Name: Habitat for Humanity 3. Year Founded: 1976 4. Website Address: www.habitat.org 5. Organization Address: 6114 Ridge Road, Gary, IN 46408 6. Organization Phone Number: 219-923-7265 RFP Application 7. Please provide a brief summary of your proposal for grant funding. Habitat for Humanity will use the grant monies for expanding
Words: 1113 - Pages: 5
