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Cost Report and Cash Flow Projection for a Launch Party

   

Added on  2023-06-18

11 Pages2628 Words351 Views
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Finance Report
Cost Report and Cash Flow Projection for a Launch Party_1

Cost Report and Cash Flow Projection for a Launch Party_2

Contents
INTRODUCTION...........................................................................................................................................3
MAIN BODY.................................................................................................................................................3
Cost report..............................................................................................................................................3
Cash flow projection................................................................................................................................5
REFERENCES..............................................................................................................................................10
Cost Report and Cash Flow Projection for a Launch Party_3

INTRODUCTION
The transmission of financial information, such as accounting records, to accountants, such
as capital providers, is referred to as financial reporting. Corporations are commonly thought of
as producing income reports when it comes to financial accounting. A balance sheet, operating
income, summary of employee's ownership, and statement of financial position are all part of a
larger use accounting records, but financial statements is more than that (Ashafoke, Dabor and
Ilaboya, 2021). Financial reporting encompasses all financial communication from the company
to outside parties, encompassing news articles, investor meetings, organizational stakeholders
and analyses, auditor’s findings, as well as the company's financial notes. Financial reporting
refers to anything that may be used to communicate financial facts to the general public. This
report discusses the cost report and the cash flow report. The firm is throwing a launch party with
the goal of attracting 100 clients. As a result, cost and cash flow estimations should be done in
such a manner that they aid in both recruiting consumers and managing the financial cash.
MAIN BODY
Cost report
A cost report is a critical function that managers utilises to evaluate the operations in a
company; it displays the agency's production quantity and cost data. Calculate the cost of each
unit of manufacturing. Make a timetable for cost reconciling. The cost content is based on the
service, including institution features, utilisation data, cost and charges by cost centre (total and
for Medicare), Health care settlements information, and company's financial information.
Particulars Cost per unit Original Flexed Actual Variances
Units 100 20 80
Selling price 25 20000
Revenues 20000
Variable costs
:
Entertainment 2.50 250 30 280 (300)
Venue hire 4 400 40 440 (400)
Decoration 1.50 150 30 120 300
Cost Report and Cash Flow Projection for a Launch Party_4

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