Direct Materials, Materials Cash Payments, Direct Labor, Manufacturing Overhead , and Ending Inventory budgets

Upon successful completion of Week Two, students will be able to:

1. Prepare a master budget in a Signature Assignment.
2. Apply economic order quantity theory as a tool for the management and inventory control of materials.Employ Excel inter-spreadsheet referencing capabilities.Demonstrate usage of operational budgeting techniques.Prepare budgets based upon a case presentation.Develop the Case Study 2 (Snowie’s Shaved Ice).