Production Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale Northern Region unit sales Southern Region unit sales Total The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,500 and 2,500 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 1,100 and 2,700 units, respectively. 19,300 41,900 20,800 21,800 40,100 63,700 Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 Total units available Total units to be produced Units Bath Scale Units Gym Scale eck My Work 2 more Check My Work uses remaining. Previous Next
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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