Use the information below for Flushing Company to answer the question that follow. Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX Product ZZZ Estimated beginning inventory 30,500 units 20,000 units Desired ending inventory 36,500 units 14,900 units Region I, anticipated sales 329,000 units 265,000 units Region II, anticipated sales 190,000 units 148,000 units The unit selling price for product XXX is $5 and for product ZZZ is $13. Budgeted sales for the month are a.$8,812,000 b.$12,116,000 c.$4,660,000 d.$7,964,000
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.
Use the information below for Flushing Company to answer the question that follow.
Below is budgeted production and sales information for Flushing Company for the month of December.
| Product XXX | Product ZZZ | |
| Estimated beginning inventory | 30,500 units | 20,000 units |
| Desired ending inventory | 36,500 units | 14,900 units |
| Region I, anticipated sales | 329,000 units | 265,000 units |
| Region II, anticipated sales | 190,000 units | 148,000 units |
The unit selling price for product XXX is $5 and for product ZZZ is $13.
Budgeted sales for the month are
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