Darwin Inc. provided the following information:Budgeted production 10,000 unitsActual production 9,500 unitsBudgeted input 9,750 gallonsActual input 8,950 gallonsWhat is the partial operational productivity ratio?a. 0.97 unit per gallon.b. 1.02 units per gallon.c. 1.06 units per gallon.d. 1.12 units per gallon.e. None of the above.
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.
Darwin Inc. provided the following information:
Budgeted production 10,000 units
Actual production 9,500 units
Budgeted input 9,750 gallons
Actual input 8,950 gallons
What is the partial operational productivity ratio?
a. 0.97 unit per gallon.
b. 1.02 units per gallon.
c. 1.06 units per gallon.
d. 1.12 units per gallon.
e. None of the above.
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