Performing an Analysis or Creating a Budget

Meeting Dates: 

• Learning Session 1: March 3rd - 12 to 1:30 PM MST

• Learning Session 2: March 5th - 12 to 1:30 PM MST

  This week will be slightly different than the other weeks. There will be two learning sessions and no office hours.

Learning Session 01: In this session, we’ll work through how to do an analysis of an operation in order to calculate break-even prices. We’ll start by looking at an example month-by-month profit and loss statement that has been categorized. We’ll use the inventory flow we’ve created to determine allocation criteria and perform allocations. And we’ll add management depreciation amounts and then calculate break-even and determine which classes must be added as inventory, which must be capitalized, and which must be left on the profit and loss sheet.

Learning Session 2: In this session we’ll work through creating a budget based on the example operation that we have been working with. And we’ll take the overheads we have identified, estimate direct costs based on the inventory flow we created, and estimate depreciation expenses based on the depreciation schedule that we have created.

Weekly Deliverable: You will have access totwo recorded sessions that you can refer to as you work on your individual project for the next two weeks before Confluence. Bring your project to Confluence so Caroline can review it, answer any final questions you have. And you will have the opportunity to debrief with the rest of your cohort, in person!