Discussion Board. (Please always include conclusion at the end. And include word count.)

Your Discussion should be a minimum of 250 words in length and not more than 450 words. Please include a word count. Following the APA standard, use references and in-text citations for the textbook and any other sources.

Continuing with the company Apple Inc, discuss how the income statement budget would be created for a year starting with the sales budget through the SG&A budget. Be sure to:

· Be specific in describing the component line items of each

· Identify the individuals that would be involved in developing the budgets

Please always include conclusion at the end. And include word count.

2. Written Assignment Please always include conclusion at the end. And cite your sources.

Submit a paper which is 2-3 pages in length (no more than 3-pages), exclusive of the reference page. Paper should be double spaced in Times New Roman (or its equivalent) font which is no greater than 12 points in size. The paper should cite at least two sources in APA format. One source can be your textbook.

Please describe the circumstances of the following case study and recommend a course of action. Explain your approach to the problem, perform relevant calculations and analysis, and formulate a recommendation. Ensure your work and recommendation are thoroughly supported.

Case Study:

Papaya Partners is a distributor of papayas. They purchase papayas from individual growers and package them in 10-pound cartons for delivery to their various customers, generally supermarkets. Last month, they budgeted to sell $500,000 worth of cartons at a price of $25 each. Actual sales met a budget of $500,000 at $25 per carton.

Management has received cost information based on actual performance and needs to understand the drivers of the overall variance from the budget. They have asked you, as an analyst in their management accounting department, to calculate and explain the variances. The following data has been provided:

Budget

Cost of fruit @ 10 pounds per carton

$ 200,000

Cost of packaging @ 1 pound per carton

$ 10,000

Labor costs @ .5 hours per carton

$ 90,000

Total Cost

$ 300,000