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What is the principal objective of the production budget?       Forecast cost of goods sold to understand the costs for making the product       Manage the sales inventory to keep good count of the profit.       Coordinate the production and sale of goods in terms of time and quantity       Ability to understand and control the difference between actual and budgeted

What is the principal objective of the production budget?       Forecast cost of goods sold to understand the costs for making the product       Manage the sales inventory to keep good count of the profit.       Coordinate the production and sale of goods in terms of time and quantity       Ability to understand and control the difference between actual and budgeted

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter9: Profit Planning And Flexible Budgets
Section: Chapter Questions
Problem 8MCQ: The first step in preparing the sales budget is to a. prepare a sales forecast. b. review the...
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What is the principal objective of the production budget?
 
 
 
Forecast cost of goods sold to understand the costs for making the product
 
 
 
Manage the sales inventory to keep good count of the profit.
 
 
 
Coordinate the production and sale of goods in terms of time and quantity
 
 
 
Ability to understand and control the difference between actual and budgeted
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