There are two methods that can be used to allocate costs in a process costing system. They are weighted average…
Month 1Month 2Month 3...TotalRevenue budgetSource 1$9,900$10,100$9,500...$114,300Source 23,3003,3003,100...37,900Total revenue$13,200$13,400$12,600...$152,200Expense budget(s)Expense 1$(6,630)$(7,260)$(7,315)...$(86,680)Expnese 2(3,596)(3,671)(3,516)...(41,957)Total expenses$(10,226)$(10,931)$(10,831)...$(128,637)Operating profit$2,974$2,469$1,769$23,563 Download the free template by filling out…
Capital Budgeting for Churches – Are You doing it right?