It's panic time in Blackheath Manufacturing. Profits are falling, so the owner's son comes to help to manage the company. He asks the consultant to determine what happened. And the consultant has specific answers: pricing the company guidelines are not, there should be a system of budgeting to reverse the slide in profits, and a former employee should be hiring. This case provides students with the data for the construction of production and raw materials budget, flexible budget, income statement, balance sheet, and their budget. See also "Blackheath Manufacturing Company" (UV1728). "Hide
Spreng by Francis Source: Darden School of Business 8 pages. Publication Date: May 27, 2004. Prod. #: UV1729-PDF-ENG