Budgeted sales 200 units Selling price $ 260.00 per unit Variable cost Fixed costs $ 240.00 per unit $18 000 per month tod
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.
![17. A company manufactures a single product. Cost and selling price data for the product are as
follows:
Budgeted sales
Selling price
Variable cost
200 units
$ 260.00 per unit
$ 240.00 per unit
$18 000 per month
Fixed costs
What is the margin of safety, expressed as a percentage of budgeted sales (per month)?
[ ] 20%
ABCD
[ ]
25%
[ ]
75%
80%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6508ba96-d352-4019-8528-9dae9c761829%2F0dd30c98-c189-4ca8-a15a-7dfafb92402d%2Fopt3j3m_processed.png&w=3840&q=75)
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