Larry Walther, Ph.D., CPA, CMA, is the EY Professor of Accounting and Senior Associate Dean of the Jon M. Huntsman School of Business at Utah State University. Dr. Walther has authored numerous books and articles on accounting, and he has served as director and/or consultant to a number of public and
This exercise book is the first of four exercise books that correspond directly with the Budgeting and Decision Making textbook. The exercises relate specifically to Part 1 of the Budgeting and Decision Making textbook. Exercises focus on budgeting and planning for success. Exercises cover the components of the budget, including, sales, production, direct materials purchases, direct labor, factory overhead, selling and administrative, and cash budgets. Budgeted income statements and balance sheets are also prepared.