1.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
If it is appropriate to establish a sales budget.
2.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
The Company would be comfortable with allowing establishing the sales budget.
3.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
The reason the company uses a sale budget to influence future sales.
4.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
The reason the company uses the sale budget to influence motivating employees.
5.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
The reason the company uses the sale budget to influence future sales as well as the boss’s estimate of future sales.
6.
Introduction: Budget means the estimation made for the usage of money to decide the amount that the executor will need to execute the plan. The budgeting process refers to the process in which future business activity is planned for preparing the way of performing goals by mapping the formal plan.
The reason the company uses the sale budget is used for three purposes.

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Chapter P Solutions
MANAGERIAL ACCOUNTING F/MGRS.
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- please provide correct answerarrow_forwardwhat is the gin or loss on disposal?arrow_forwardGrayson Manufacturing disposes of under or overapplied overhead at year-end as an adjustment to the cost of goods sold. Prior to disposal, the firm reported a cost of goods sold of $725,000 in a year when manufacturing overhead was underapplied by $22,400. If sales revenue totaled $2,850,000, determine: 1. Grayson's adjusted cost of goods sold. 2. Gross margin.arrow_forward
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