Dolson Appliances makes coffee machines for offices and homes. For next year, the production budget is 135,000 units. Beginning inventories will be 15,000 units and the desired ending inventory will be 13,000 units. Required: What is the sales budget for the coming year for Dolson Appliances? Sales budget units
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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