Misfit Juicery sells juice made from misshapen and scrap fruit and vegetables. Co-founders Anna Yang and Phil Wong stress the importance of planning and budgeting for business success. Required 1. How can budgeting help Anna and Phil efficiently develop and operate their business? 2. Anna and Phil hope to expand their business. How can a budget be useful in expanding a business’s operations?

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter20: Accounting For Inventory
Section: Chapter Questions
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Misfit Juicery sells juice made from misshapen and scrap fruit and vegetables. Co-founders
Anna Yang and Phil Wong stress the importance of planning and budgeting for business success.
Required
1. How can budgeting help Anna and Phil efficiently develop and operate their business?
2. Anna and Phil hope to expand their business. How can a budget be useful in expanding a business’s
operations?

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