12 years ago I was getting a degree in biology and like the true nerd 🤓 I am, I was excited for my human reproduction exam. Today I’m studying for my accounting exam... its amazing how much has changed.
Përfundoi me sukses dita e fundit e trajnimit treditor me temë “Kontabiliteti i drejtimit për drejtuesit jo-financierë” me lektor Vasil Paguna.
Duke kombinuar aspektet teorike me trajnimin e problematikave dhe rasteve konkrete për projekte të ndryshme, pjesëmarrësit u përballën me sfida të ndryshme që ndeshen gjatë procesit të planifikimit të buxheteve dhe vendimarrjeve të shumta në ekzekutimin e përditshëm. #agnaleadershipacademy#managerialaccounting#budgeting#decision -making #salesforecast
If I purchase materials at $2.00 a gallon, my standard cost is $2.50 a gallon, and I purchase 8 gallons of “materials”, what’s my direct materials price variance for this batch of Chilli? It smells FANTASTIC btw. #managerialaccounting
If Tammy’s Tree Farm originally estimated $15,000 in sales revenues for selling 500 trees but then sells 700, she should prepare a flexible budget before evaluating her performance! #managerialaccounting
Jenny’s Flowers expects to sell 500 arrangements in January with a 10% increase each month from the prior month. If each arrangement is $100, what is the expected 1st quarter sales? #managerialaccounting
If Cainas Cookies has to decide whether to make her cookies or outsource (buy) them from another manufacturer, she should consider the relevant costs to make vs. buy. In the short run, fixed costs are irrelevant to that decision, because they will not Change under either alternative! #managerialaccounting#cainascookies
2 1630 October, 2019
Suppose Cainas Clayworks receives a special order from the Muma College of Business to make 500 bowls that are green and gold. Selling price per bowl is normally $20, but they have asked her to sell them for $15 each. Variable cost per bowl is $5, and fixed costs are $6,000 per month. Should she accept the special order? #managerialaccounting
Constantly buying lunch out? Have a Coffee habit you just can’t kick? .
Have you given thought to how these small expenses can make a large impact? Here’s the scoop 👇🏼.
If you buy coffee every morning, at 4.00 a stop ,you are contributing to a monthly habit of 112.00 a month..that’s over 1400.00 a year!
What other “ small” expenses can you evaluate that are contributing to your budget overdrive?
Can we all agree ?!👏🏼👏🏼👏🏼 .
Think back to the last time that you planned your budget, financial milestones, goals, or otherwise. More times than not these financial goals-oriented around money-have less to do about the actual money obtained, and more about what can be done with the resource that money provides.
A large part of financial wellness is discovering our values around money and building up budgets and goals around these values.
Do you see finance through this perspective?
If the contribution margin of this Very Berry Hibiscus is $4 per glass, and fixed costs to operate the JPH Starbucks is $1,000 month, how many units must be sold to break even? #CVPAnalysis#managerialaccounting