Hayma Company's sales budget for 2022 in units for the next five months is as follows: January 20,000, February 26,000, March 32,000, April 40,000 and May 42,000. The Company's ending finished goods inventory policy is set for 25% of the following month's sales. January 1 beginning inventory is 2,800 units. How many units will be produced in March? O a. 34,000 O b. 24,700 C. 40,500
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.
![Hayma Company's sales budget for 2022 in units for the next five months is as follows: January 20,000,
February 26,000, March 32,000, April 40,000 and May 42,000. The Company's ending finished goods
inventory policy is set for 25% of the following month's sales. January 1 beginning inventory is 2,800
units. How many units will be produced in March?
O a. 34,000
O b. 24,700
O c. 40,500
O d. 30,000
O e. None of the given answers.
O f.
27,500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe89b18a0-3ff4-4e2a-b5ab-bb29a4992ada%2Fefc070d9-f471-4431-851b-d9b8cfc67d79%2Fmpaqqc_processed.jpeg&w=3840&q=75)
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