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    Budgeting Practice

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    Karime Garza
    This document outlines the key components of a manufacturing company's production process and financial reporting. It shows the flow of raw materials into production, the recording of direct labor and manufacturing overhead costs, and the ultimate reporting of cost of goods sold and net income on the income statement. Cash flows are tracked throughout the production and sales cycle.

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    Budgeting Practice

    Uploaded by

    Karime Garza
    14 views7 pages
    This document outlines the key components of a manufacturing company's production process and financial reporting. It shows the flow of raw materials into production, the recording of direct labor and manufacturing overhead costs, and the ultimate reporting of cost of goods sold and net income on the income statement. Cash flows are tracked throughout the production and sales cycle.

    Original Description:

    ACCOUNTING 2 2

    Original Title

    Budgeting practice

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    This document outlines the key components of a manufacturing company's production process and financial reporting. It shows the flow of raw materials into production, the recording of direct labor and manufacturing overhead costs, and the ultimate reporting of cost of goods sold and net income on the income statement. Cash flows are tracked throughout the production and sales cycle.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    14 views7 pages

    Budgeting Practice

    Uploaded by

    Karime Garza
    This document outlines the key components of a manufacturing company's production process and financial reporting. It shows the flow of raw materials into production, the recording of direct labor and manufacturing overhead costs, and the ultimate reporting of cost of goods sold and net income on the income statement. Cash flows are tracked throughout the production and sales cycle.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 7

    COLECTION

    SALES

    SALES

    COST OF GOODS
    MANUFACTURED

    RAW MATERIAL

    CASH DISBURSEMENT

    DIRECT LABOR

    PRODUCTION

    CASH BUDGET

    MANUFACTURING OVERHEAD
    COGM
    PRESUPUESTO DE GASTOS GENERALES

    Income statement

    COBRANZA
    COLLECTIONS
    COBRANZA

    PRODUCTION

    DIRECT MATERIAL
    DIRECT MATERIAL
    DESEMBOL
    COGM SO DE
    EFECTVO
    EFECTIVO
    MANUFACTURING OVERHEAD

    GENERAL EXPENSES
    VENTAS

    SALES VENTAS

    COST OF GOOD SOLD

    EFECTIVO

    INCOME STATEMENT

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