acc_561_week_3_dq_1.doc

May 28th, 2015
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acc_561_week_3_dq_1.doc

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Running head: GUILLERMO FURNITURE STORE SCENARIO Guillermo Furniture Store Scenario - Decision-MakingYOUR NAME(S)ACC/561DATEPROFESSORS NAMEGuillermo Furniture Store Scenario - Decision-MakingHow could Guillermo use budgets and performance reports in his decision-making process? Guillermo would be able to utilize appropriate reports corresponding to both budgets and performance in numerous ways within his decision making process. The decision that he must make is essentially whether or not he should go in for the computer-controlled laser lathe, whether or not he should become a representative for the manufacturer in Norway, or lastly, whether or not he should sell coated furniture. Guillermo should be able to utilize both production and financial data pertaining to labor hours and the overall value of production in order to effectively verify and determine any applicable potential profits that would be made if he ultimately decided to sell coated furniture. This data would also be quite helpful in assisting him in his evaluation of the potential profitability of the high-end manufacturing that he is determined to keep hold of if he chooses to become a representative. Additionally, the budgeted net revenue will provide Guillermo with a proper estimate of what both the net revenue and net earnings he is capable to receive if he decided to sell coated furniture. In general, performance reports provide a person with the results of a specific act

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