e budgeted production (in units) for Tasty Foods for April should be: Multiple Choice O 142,600. 137,000. O 144,200. 131,400.
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.
![Tasty Foods expects to have 37,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for the months of April through July:
April
137,000
May
157,000
June
167,000
July
137,000
At the end of each month the company desires its ending finished goods inventory to be 20% of the next month's projected sales (in units).
The budgeted production (in units) for Tasty Foods for April should be:
Multiple Choice
142.600.
137,000.
144,200.
131,400,
172.600.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0c874add-68a1-4498-8e88-77aa4b284780%2Fbbd6fe9e-0598-49d0-ac63-00e9d7013c8c%2F277076j_processed.png&w=3840&q=75)
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