Use the Internet to research the budgeting process of a publically traded manufacturing company. Be prepared to discuss

1 “Business Strategy and Kaizen Budgeting” Please respond to the following:

• From the e-Activity, analyze and discuss the use of the budget in developing the business strategy of the company you researched, indicating if the budgeting supports the strategy.
• Propose an area in the long-term budget that will benefit from kaizen budgeting, and propose change in the long-term budget of the company that will impact product pricing and improve profits. Provide support for your proposal

2 “Rolling or Continuous Budgets” Please respond to the following:

• Create an argument for or against the use of either the rolling budget or the continuous budget on the planning process and efficacy of the budget itself. Provide support for your rationale.
• Argue the benefits of relating performance-evaluating measures to the accuracy of forecasts used in the budgeting process.

3“Standard Costing and Information Technology” Please respond to the following:

• From the e-Activity, suggest how management can use the real-time variance data analysis to improve operations.
• Evaluate the potential risk that management may encounter by relying on the real-time data, without further investigation

4 “Variance Analysis and Activity-Based Costing” Please respond to the following:

• Suggest how management can utilize variance analysis in improving the efficiency of activities during the manufacturing process.
• Create a plan to address efficiency variances at the batch level during the manufacturing process.