final exam Study Flashcards
1
Q
sales budget
A
budgeted sales in units
selling price
total budgeted sales
2
Q
production budget
A
budgeted sales
add desired ending inv
total needs
less beg inv
required production
3
Q
raw materials purchases budget
A
production
x material per unit
= production needs
+desired ending inventory
= total needs
-beg inv
= material to be purchased.
