Day Inc manufactures travel locks. The budgeted selling price is $17 per lock the varabe cost $10 per lock, and budgeted feed costs are $10,000 per month Propers a fexble budget for put of 3.000 locks and 5.000 locks for the month ended Apr 30, 2024 Ush Daje, Inc. Flexible Budget For the Month Ended Apr 30, 2024 Budget Amounts Per Unit 3.000 5,000
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.
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