chapter 8 equations Flashcards
1
Q
Budgeted Production Units?
A
(budgeted unit sales)+(budgeted ending finished goods inventory) - (budgeted beginning finished goods ending)
2
Q
Budgeted Raw materials purchases?
A
(raw materials needed for production) + (budgeted ending raw materials inventory) - (budgeted beginning raw materials inventory)
3
Q
Ending Cash Balance?
A
(beginning cash balance) + (budgeted cash receipts) - (budgeted cash payments) + - (cash borrowed or repaid)
4
Q
budgeted merchandise purchases?
A
(budgeted sales) + (budgeted ending merchandise inventory) - (budgeted beginning merchandise inventory)