Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX Product Zzz Estimated beginning inventory 29,400 units 18,800 units Desired ending inventory 35,900 units 15,200 units Region I, anticipated sales 330,000 units 267,000 units Region II, anticipated sales 186,000 units 142,000 units The unit selling price for product XXX is $7 and for product ZZZ is $14. Budgeted sales for the month are Oa. $12,950,000 Ob. $9,338,000 Oc. S10,087,000 Od. $6,475,000
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.
![Use the information below for Flushing Company to answer the question that follow.
Below is budgeted production and sales information for Flushing Company for the month of December.
Product XXX
Product Zzz
Estimated beginning inventory
29,400 units
18,800 units
Desired ending inventory
35,900 units
15,200 units
Region I, anticipated sales
330,000 units
267,000 units
Region II, anticipated sales
186,000 units 142,000 units
The unit selling price for product XXX is $7 and for product ZzZ is $14.
Budgeted sales for the month are
Oa. S12,950,000
Оь. s9,338,000
Oc. S10,087,000
Od. $6,475,000
а.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa350ad71-f691-422f-a66f-182830a1a369%2Fd548f088-3a15-4dac-a8e6-bd62cee0ce34%2Fkcj4pf9_processed.png&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)