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(approximately 1 page) Explain how Ferguson & Son Manufacturing Company's budgetary control system could be revised to improve its effectiveness. (approximately 1–2 pages) Explain how the use of an activity-based costing system could change the results of the budget, if utilized.
Topic: Manufacturing Budget Analysis Tom Emory and Jim Morris strolled back to their plant from the administrative offices of Ferguson & Son Manufacturing Company. Tom is manager of the machine shop in the company’s factory; Jim is manager of the equipment maintenance department.
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· Explain how Ferguson & Son Manufacturing Company’s budgetary control system could be revised to improve its effectiveness. (approximately 1–2 pages) · Explain how the use of an activity-based costing system could change the results of the budget, if utilized.
Explain how Ferguson & Son Manufacturing Company's budgetary control system could be revised to improve its effectiveness. Explain how the use of an activity-based costing system could change the results of the budget, if utilized.Ferguson son manufacturing company s budgetary control system