The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks. Required: Compute the number of chairs budgeted for production in 2019. a. 210000 desks b. 217000 desks c. 200000 desks d. 205000 desks
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.
The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks.
Required: Compute the number of chairs budgeted for production in 2019.
The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks.
Required: Compute the number of chairs budgeted for production in 2019.
The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks.
Required: Compute the number of chairs budgeted for production in 2019.
The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks.
Required: Compute the number of chairs budgeted for production in 2019.
The Nagiaca Company expects sales in 2019 of 205,000 units of desks. Nagiaca’s beginning inventory for 2019 is 10,000 desks and its target ending inventory is 15,000 desks.
Required: Compute the number of chairs budgeted for production in 2019.
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