Below is budgeted production and sales information for Bluebird Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 30,000 units 18,000 units Desired ending inventory 32,000 units 15,000 units Anticipated sales 520,000 units 460,000 units The unit selling price for product XXX is $5 and for product ZZZ is $14. Budgeted production for product ZZZ during the month is a.463,000 units b.460,000 units c.457,000 units d.475,000 units
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.
| Product XXX | Product ZZZ | |
| Estimated beginning inventory | 30,000 units | 18,000 units |
| Desired ending inventory | 32,000 units | 15,000 units |
| Anticipated sales | 520,000 units | 460,000 units |
The unit selling price for product XXX is $5 and for product ZZZ is $14.
Budgeted production for product ZZZ during the month is
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