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The Bottled Water Company Comprehensive Master Budget - Essay Example

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The author of the current paper "The Bottled Water Company Comprehensive Master Budget" will begin with the statement that introducing a new product will have a tremendous boost on the company’s net income as evident from the attached proposed budget…
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The Bottled Water Company Comprehensive Master Budget
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We have extensively covered the cost of the materials used both directly and indirectly in the production of the new product. We used 20 ounces to cover the production of one unit of the item. I believe that estimation is appropriate because it provides a reasonable room for error. The budget also accounts for the cost of labor used in the production of the new product. The costs vary with each quarter, depending on the number of sales we expect each quarter of the year. We have also considered other expenses such as delivery, the cost of administration sales commissions, accounting, and other fixed costs in the budget.

By determining the total cost of these factors, we got to find out how much each new product will cost and then established the most appropriate price to charge for the new product.   

Our overall expenditure was significantly lesser than the amount of cash flow from the sales. We also expect a growing momentum for income the new products generate for the company as documented in the budget. I am certain these statistics will reflect positively on the company’s collective balance sheet. As far as the new product is concerned, I believe it will make good profits for the company.

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