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Financial Control

In: Business and Management

Submitted By patelrizwan
Words 3298
Pages 14
For developing the 2012 ice cream budget we already discuss the assumption for budget 2012.For ice cream factory 2012 budget as follows. Now we look back to the budget from 2009-2011.
In year 2009-11 the selling of ice-cream is same according to sales variable cost also remains same. Any organization some macro and micro factors are affected in selling their product. Now, in this section i discuss about the some factor which affect the sales and variable cost. For ice-cream factory the weather is main key factor in summer no sunny weather it’s directly affect to the selling due to cold weather people can’t buy ice-cream. In year 2009-10 weather is not so good its means selling remains same. In year 2011 sunny weather so i sales more ice-cream. Below fig shows the 2012 budget it’s done by consideration of the good weather not more compitiors,excellent staff, Price up, more market demand, location this all factors in favour of me so its increase my selling and the profit. 2012 | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | Total | Sales | 150 | 150 | 150 | 500 | 500 | 500 | 500 | 500 | 500 | 150 | 150 | 150 | 3900 | Variable Cost | 50 | 50 | 50 | 230 | 230 | 230 | 230 | 230 | 230 | 50 | 50 | 50 | 1680 | Fixed Cost | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 360 | Profit | 70 | 70 | 70 | 240 | 240 | 240 | 240 | 240 | 240 | 70 | 70 | 70 | 1860 |
Below chart shows the budget from 2009-12 its shows the selling, variable cost, fixed cost and profit for all years.

1.2 Describe the systems of accounts and financial statements used to control a financial system
1.3 Analyse financial information contained in a set of accounts or financial statements In Coto real budget of five years we compare the 2007 budget and 2008 budget in budget 2007the general maintenance, building cleaning, lift maintenance all this things...

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