I would like to see the formula on the below solution of Budget for the current year be calculated through proportionate method. Product UAE India Oman Pencil 400,000 120,000 280,000 Pen 320,000 260,000 320,000 Eraser 160,000 180,000 160,000 Question is attached.
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.
Hi,
I would like to see the formula on the below solution of Budget for the current year be calculated through proportionate method.
Product | UAE | India | Oman |
Pencil | 400,000 | 120,000 | 280,000 |
Pen | 320,000 | 260,000 | 320,000 |
Eraser | 160,000 | 180,000 | 160,000 |
Question is attached.
Step by step
Solved in 2 steps