Our company provides the following sales forecast for the next three months: Sales units The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are: O 3,000 units. O 3,420 units. O 3,720 units. O 3,120 units. January February March 3,000 4,200 5,000 O2,880 units. please answer do not image .
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Our company provides the following sales
please answer do not image .
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
