Production Budget Weightless 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 East Region unit sales 23,700 42,000 West Region unit sales 25,600 26,900 Total 49,300 68,900 The finished goods inventory estimated for October 1, for the Bath and Gym scale models is 1,700 an 2,300 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 1,200 and 2,500 units, respectively. Prepare a production budget for the small and large scales for the month ended October 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Weightless Inc. Production Budget For the Month Ending October 31 Units Bath Scale Units Gym Scale Total Total units to be produced

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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.