Management Accounting

Running head: MANAGEMENT ACCOUNTING
Management Accounting
Name of the Student:
Name of the University:
Author’s Note:

1MANAGEMENT ACCOUNTING
Executive Summary:
This report is prepared to analyse and explain the concept of budget and budgetary control that can be
applies in business for better management of the operating activities. In this report various functional
budgets along with a monthly cash budget of the Sunny Days have been analysed for projecting the
future operating activities and profitability of the company. Budget is an estimate of future
foreseeable courses of actions or events that needs to be considered for a futuristic business plan and
strategy formulation. Based on such a budget and estimation of future foreseeable profits various
important business plans and strategies can be built up. Lastly, the report concludes with some
recommendation for the Sunny Days for increasing their efficiency in operations.

2MANAGEMENT ACCOUNTING
Table of Contents
Introduction:...............................................................................................................................3
Overview of the expected results for the year 2020:..................................................................3
Product wise analysis of contribution margin:...........................................................................5
Analysis of the cash position of the company:...........................................................................6
Analysis of the recent market trends:.........................................................................................6
Recommendations:.....................................................................................................................7
Conclusions:...............................................................................................................................7
References and bibliography:.....................................................................................................8