Budgeting

Develop a 2018 budget for Ace Manufacturing Company. Deliver the budget in spreadsheet format. Please include justifications for your budgetary decisions. The justifications should be written somewhere on the spreadsheet. Below is a very rough outline of the company. Use this as the basis for your assumptions about the company and the resulting 2018 budget. You may add detail as you require to complete the budget. For example yearly sales, unit sales, sales mix, employee salaries, costs of the land and building to maintain, product development costs, testing costs, costs to suppliers, shipping and freight costs for incoming material and outgoing products.

Company background:

Ace develops and manufactures garden carts for the home user. Ace has 3 products in production and one in development. Ace development, manufacturing and administration is all located in one building that is 40,000 sq. ft. in size.

Product A has 80% material cost and 20% labor and overhead. Product B is 75-25 and Product C 70-30. Ace Mfg. sells to Ace Hardware Stores nationwide and sells directly to consumers by way of being an Amazon supplier.

Ace employs 10 people total. President / VP of Operations, administrative assistant / office manager, VP Finance & Controller, 1 R&D engineer, 1 manufacturing engineer, 2 production employees, 1 purchasing / material handling employee, 1 technical marketing / customer support and 2 salesman.

Product D is being developed in the lab with an introduction expected in June 2018. January through June consumes material for prototypes, project material for analysis and testing resources.

Sample Solution

Aggrieved Jews during the hour of the Holocaust attempted to legitimize all the awful violations submitted against them by scrutinizing their God and considering how could a God they accepted to be all-knowing, all great and all-ground-breaking let such a drawn out and difficult arrangement of occasions happen. A large number of them arrived at the resolution that God is “dead” since He definitely wouldn’t have let something as unimaginably pitiless as the Holocaust happen to His kin. They felt that God was removed and restricted and was not the sort of being who could really mediate with the unrestrained choice of people. He can’t meddle with the history that people decide to make, in any case our capacity of decision will just have been a fantasy. God realized that the Holocaust was an occasion bound to occur, because of his omniscience, however didn’t forestall it, deserting the Jewish people group to exist on the planet for themselves. As far as affliction, disposing of power as an attribute of God permits to people, all the more explicitly Jews, to search for answers in a spot other that God. Some attempted to make it look like disciplines for sins that they have submitted or to show them an exercise, however having them understand that God couldn’t have forestalled the Holocaust and potentially didn’t make it drops the weight from their shoulders of asking why such an amazing and cherishing being would treat them that way, something outside their ability to understand. It empowers people to understand the nearness and limits of the unrestrained choice they were given, possibly in any event, fortifying their relationship with God once they can acquaint themselves with the possibility that God probably won’t be as “almighty” as they once accepted.

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