ebook Production Budget Show Me How Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by s follows: Northern Region unit sales Southern Region unit sales Total Expected units to be sold Desired inventory, March 31 The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800.and 8,100 units, respectively. Th goods inventory for March 31 for the Bath and Gym scale models is 15,000 and 7,500 units, respectively. Total units available Estimated inventory, March 1 Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 o produced Bath Scale ✓ Gym Scale 40,000 25,000 75,000 35,000 115,000 60,000 ✓ ✓ Units Bath Scale Units Gym Scale 11,500 X 60,000 15.000 V 26.500 X -11,800 ✔ 14,700 X 7.500 67,500 -8,100 59.400
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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