An Introduction To Budgetary ControlPDF电子书下载

A Introduction 6

B Budgetary Control 7

Relationship between Budgetary Control and Standard Costing 7

Definitions of Budgets and Budgetary Control 7

The Objectives of Budgetary Control 8

Sections of a Master Budget 8

Sales 8

Production 9

Plant Utilisation 9

Production Cost 10

Selling and Distribution Cost 11

Capital Expenditure 12

Development and Research 13

Personnel 13

Purchasing 13

Cash 13

Budget Summaries 14

The Budget Period 14

The Budgeted Level of Attainment 15

The Preparation of Budgets 16

The Administration of Budgetary Control 17

The Uses of Budgetary Control 19

C Standard Costing 21

An Introduction to Standard Costing 21

Definitions of Standard Cost and Standard Costing 21

The Scope for Standard Costs 21

The Preparation of Standard Product Costs 22

The Period 22

The Level of Attainment 23

The Volume of Business 23

The Establishment of Standard Costing Rates 23

Standards of Performance 24

The Completion of Standard Product Costs 25

The Presentation of Standard Costs 25

The Accounting Procedure for Standard Costs 25

The Operation of Flexible Budgets in conjunction with Standard Costs 28

The Uses of Standard Costs 33

D Production Control and Material Control 35

Introduction to Production Control and Material Control 35

Definitions of Production Control and Material Control 35

Stock Control 36

Scheduling Material Requirements 39

Purchase Requisitioning 40

Purchasing 41

Receiving 42

Clearance from Receiving Department 43

Issuing from Stores 43

Machine Loading 45

Issuing Production Orders 47

Progressing 48

Inspection 49

Taking into Finished or Partly Finished Stock 49

Despatching to Customers 50

Invoicing to Customers 50

The Use of Material Control Records for Cost Accounting Purposes 51

The Use of Production Control Records in connection with Labour and Overhead Costs 55