Prepare a Cash Budget with following information. Sales Units Selling Price (per Unit) Variable Cost (per Unit) Fixed Cost Diary (INR) Notebook (INR) Spiral Binding (INR) 8750 5000 80 20 65000 Allocation of general overhead 280000 12500 64 23 140000 320000 100 35 95000 200000
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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![Prepare a Cash Budget with following information.
Sales Units
Selling Price (per Unit)
Variable Cost (per Unit)
Fixed Cost
Allocation of general overhead
Diary (INR) Notebook (INR) Spiral Binding (INR)
8750
5000
80
20
65000
280000
12500
64
23
140000
320000
100
35
95000
200000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F658ce5c9-d65b-4e1b-ade0-8e0aae708fac%2Ff92084a9-6008-4206-98d0-5778f52a1208%2Fj1afxq9_processed.jpeg&w=3840&q=75)
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