of A de pari ment Store has budgard sales mens surts in september, Managent wants to have 6,000 srts in nventory at the end t 4he month to prepae. tor the, winter easen bganing. invenory for Sept is expeca B be 4 000 surb. What is Thedollar amount of saf if each has a cost of $15. 900,000 B1,200,00 O1050,000 ® 1,350,000 12,000
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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