Kumar Transport Limited is running four buses between two towns which are fifty miles apart. Seating capacity of each bus is 40 sengers. Actual passengers carried were 75% of the seating capacity. All the four buses ran on 25 days in the month. Each bus made one round trip per day. Calculate the total passenger kms. covered during the month.
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.
Step by step
Solved in 2 steps
