Jessica rabbit case project- 100 points jessica rabbit and george

Jessica Rabbit Case Project- 100 points

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

Jessica Rabbit and George Foreman are contemplating becoming business partners of an out-door grill company appropriately named, “Outdoor Chef Grill.”  Jessica solicited George to be her business partner to prove to her husband, Roger, that she has more to offer than singing at cocktail lounges and drinking martinis.  Jessica has been a customer of George Foreman’s grills for years, to cook low-fat foods and maintain her figure.  George accepted her proposal, as he believes that Jessica’s name and image will bring in a new demographic of shoppers.  Although Jessica is an outgoing lady, she has not managed her money and needs to obtain funding from her husband to buy into the company.  Although Roger loves Jessica, he has asked to see budgets and forecasts for the revenue and expenses of the company.  Since George’s finance department is in the process of preparing budgets for 4Q of 2016, he is having the finance department create a special monthly forecast budget for Roger as well as an annual forecast and budget.  You, being one of George’s employees, is asked to prepare the monthly budget for October2016.

Budget Requirements:55 points

Using the information below, please prepare

1.       Sales Budget including a schedule of expected cash collection.

2.       Production Budget

3.       Direct Materials budget including a schedule of expected cash disbursements.

4.       Direct Labor Budget

5.       MOH Budget including cash disbursements for overhead

6.       S&A budget including cash disbursements for S&A

7.       Budgeted Income Statement.

a.       When calculating COGS please illustrate how you computed the COGs per unit.

8.       Cash Budget

For Budgets 1-6:There are two product lines, Master & Backyard, prepare only 1 of each budget above that includes the data for both products.  Both Product Lines should appear on the Budgets and not be combined.  This will require some creative thinking in regards to the layout of the budgets. 

For Budgets 7 & 8:  The financial data will NOT BE SEPARATED BY PRODUCT LINE and all numbers will be combined.  For example, on the Income Statement, there will be one Revenue number that includes the revenue from both Backyard and Master.

For Budgets 1-8:  If rounding is necessary, please round to two decimals.

ExcelRequirements:30 points

The budgets are to be completed in Excel.  Please use the Excel File uploaded on Blackboard.

The Excel Requirements are as follows:


1.       Each Budget will appear in an individual worksheet with the each Tab labeled with appropriate Budget’s Name.


2.       All calculations must be completed in excel using formulas.  The formulas must reference other cells (within the Excel workbook) in the calculations.  In other words, you will not be manually inputting numbers in the formulas but instead referencing other cells in the workbook.


3.       The following are the minimumFormularequirements for each budget.

a.       Sales Budget – minimum of 9 cells that contain formulas. 

b.      Production Budget – minimum 6 cells that contain formulas

c.       DM Budget – minimum 20 cells that contain formulas

d.      DL Budget – minimum of 8 cells contain formulas

e.      MOH Budget – minimum 5 cells that contain formulas

f.        S&A Budget – minimum 3 cells that contain formulas

g.       COGS calculations:  All numbers (DM, DL, VMOH, FMOH) should be cell referenced from appropriate budget worksheets within the Excel Workbook.  Minimum 6 cells that contain formulas.  Cell Referencing is not included in the minimum 6 formula count.

h.      Income Statement:  Minimum 3 cells that contain formulas.  All other line items that do not include a formula, should be entered by cell referencing from another worksheet within the Workbook. 

i.         Cash Budget:  Minimum 4 cells that contain formulas.  6 cells should contain information from cell referencing other worksheets within the workbook.

Presentation Requirements:15 points

Each Budget must have a layout that is “reader friendly.”   The audience for these budgets are “managers” who are not accountants and want to find the information easily. When creating the layout of the budget, please consider the message you are communicating to management.  Please feel free to use various fonts, sizes, and color schemes to help emphasize areas of the budget.

Helpful Hints

Please refer to the budget examples in your textbook for additional information.  Also, Excel offers budgets templates and remember the Internet is at your fingertips too!


The caseis tobe completed in teams of 2.  You will have threeweeks to complete the project.  You may ask Sheila, other instructors, or tutors from the Academic Support Center for help or clarification but collaborating with other students is not permitted.  Any evidence of collaboration will result in a zero for the assignment and possible withdraw from the class.  The project will be worth 10% of your final grade.

Selected information concerning sales and production for October2016 is summarized as follows:

a.       The sales budget must be divided up by product (Backyard and Master) but not required to be divided by location. 


Estimated sales for October by sales territory:


                Backyard Chef                                                                                   280 units at $750 per unit

                Master Chef                                                                                       250 units at $1,500 per unit


                Backyard Chef                                                                                   210 units at $800 per unit

                Master Chef                                                                                       160 units at $1,600 per unit

New Hampshire:

                Backyard Chef                                                                                   305 units at $850 per unit

                Master Chef                                                                                       275 units at $1,700 per unit


Estimated sales for November for all territories:

                Backyard Grills      620 grills

                Master Grills      1,150 grills


Outdoor Chef Grill has a beginning accounts receivable balance of $550,000 in the month of October and expects to collect 30% of that balance.  In addition, their accounting department has estimated that 80% of sales for the Master Grill will be paid in cash and 70% of the Backyard grill will be paid in cash.


b.      Inventory of Grills

Beginning Inventory of Grills:

                Backyard Chef                                                                                   36 units

                Master Chef                                                                                       18 units


Outdoor Chef Grill has established a new ending inventory policy to take effect the month of October.  From October and going forward, the ending inventory should be:


Ending Inventory:

Backyard Chef                                                                                                   5% of November’s sales

Master Chef                                                                                                       2% of November’s sales.


c.       Estimated direct material inventories at October 1:


Direct materials (available for the Master and Backyard Grill):

                Grates                                                                                                  300 units

                Stainless steel                                                                                   1,800 lbs.

                Burner subassemblies                                                                   150 units

                Shelves                                                                                                                300 units

Desired inventories at October 31:


Direct materials (available for the Master and Backyard Grill):

                Grates                                                                                                  320 units

                Stainless steel                                                                                   2,100 lbs.

                Burner subassemblies                                                                   135 units

                Shelves                                                                                                                285 units



d.      Direct materials used in production:


Direct Materials required to produce one Backyard Chef Grill:

Grates                                                                                                                  3 units per unit of product

Stainless steel                                                                                                   24 lbs. per unit of product

Burner subassemblies                                                                                   2 units per unit of product

Shelves                                                                                                                                4 units per unit of product


Direct Materials required to produce one Master Chef grill:

Grates                                                                                                                  6 units per unit of product

Stainless steel                                                                                                   42 lbs. per unit of product

Burner subassemblies                                                                                   4 units per unit of product

Shelves                                                                                                                                5 units per unit of product


Anticipated purchase price for direct materials:


Grates                                                                                                                  $16 per unit

Stainless steel                                                                                                   $5 per lb.

Burner subassemblies                                                                                   $125 per unit

Shelves                                                                                                                                $8 per unit


Because of their excellent relationships with the vendors, they pay the following percentages when placing their order:


Grates:  10%

Stainless Steel:  25%

Burner subassemblies 5%

Shelves 2%, if pay the entire balance within 35 days.






e.      Direct labor requirements for one grill:


Backyard Chef:

                Stamping Department                                                                   0.60 hr. at $17 per hr.

                Forming Department                                                                     0.80 hr. at $14 per hr.

                Assembly Department                                                                  2.0 $12 per hr.

Master Chef:

                Stamping Department                                                                   .80 hr. at $17 per hr.

                Forming Department                                                                     1.50 hrs. at $14 per hr.

                Assembly Department                                                                  2.50 hrs. at $12 per hr.


f.        Outdoor Chef Grill Company budgeted the following costs for anticipated production in October. The list below includes fixed MOH expenses and  Fixed S&A expenses


Advertising Expenses $24,000

Sales monthly salary (not commission) $7,500

Factory Insurance $5,000

Production Supervisor Salary $4,900

Executive officer salaries $25,000

Indirect Labor Salaries for Quality Control $2,800

Factory Depreciation $4,000

Corporate Office Building Depreciation, $3,000


Total estimated VMOH expenses are $41,000 for the month of October.  VMOH expenses are allocated to the products based on a single PDOR rate using the allocation base, Direct Material Cost.


FMOH is assigned to the products based on DL hours.


Note:  You will have two PDOR’s for this assignment.


Variable S&A expenses are allocated at rate of $3 per grill.


g.       Other Information:

a.       Income Tax Rate is 35%

b.      Minimum Cash Balance $500,000

c.       Beginning Cash Balance  $750,000






Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

At, we value all our customers, and for that, always strive to ensure that we deliver the best top-quality content that we can. All the processes, from writing, formatting, editing, and submission is 100% original and detail-oriented. With us, you are, therefore, always guaranteed quality work by certified and experienced writing professionals. We take pride in the university homework help services that we provide our customers.

Money-Back Guarantee

As the best homework help service in the world, 111 Papers ensures that all customers are completely satisfied with the finished product before disbursing payment. You are not obligated to pay for the final product if you aren’t 100% satisfied with the paper. We also provide a money-back guarantee if you don’t feel that your paper was written to your satisfaction. This guarantee is totally transparent and follows all the terms and conditions set by the company.

Read more

Zero-Plagiarism Guarantee

All products that we deliver are guaranteed to be 100% original. We check for unoriginality on all orders delivered by our writers using the most advanced anti-plagiarism programs in the market. We, therefore, guarantee that all products that we submit to you are 100% original. We have a zero-tolerance policy for copied content. Thanks to our strict no plagiarized work rule, you can submit your homework to your professor without worrying.

Read more

Free-Revision Policy

TThis is one of the most cherished courtesy services that we provide to help ensure that our customers are completely satisfied with our finished products. Delivering the best final product to our customers takes multiple inputs. prides itself on delivering the best university homework help services in the writing industry. And, in part, our free revision policy is how we do it. What’s more, all our revisions are 100% free without any strings attached.

Read more

Privacy Policy

Client privacy is important to use. We know and understand just how important customers value their privacy and always want to safeguard their personal information. Thus, all the information that you share with us will always remain in safe custody. We will never disclose your personal information to any third party or sell your details to anyone. 111 Papers uses the most sophisticated, top-of-the-line security programs to ensure that our customers’ information is safe and secured.

Read more

Fair-Cooperation Guarantee

Placing your order with us means that you agree with the homework help service we provide. We, in turn, will endear to ensure that we do everything we can to deliver the most comprehensive finished product as per your requirements. We will also count on your cooperation to help us deliver on this mandate. Yes, we also need you to ensure that you have the highest-quality paper.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages