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Sales budget is simplest to make, here is layout of it:
Sales Budget
Number of units to be sold 1000
Sales price per unit 10
Total sales 10000
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∙ 16y ago
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What variance is the difference between the actual sales and the flexible budget sales?
Actual sales (quantity ) = flexible budget sales (quantity ) , because the flexible budget is prepared based on the actual activity level (units sold ) to avoid misleading of compering the static budget sales and actual sales
True or false-The direct labor budget begins with sales in units from the sales budget?
true
Advantage of sales budget?
The sales budget is the most important budget, because it drives all of the other budgets (production, labor, manufacturing, cash).
A budget that is based on the actual activity of a period is known as?
SALES
A sales budget should be prepared before the production budget?
Yes sales budget is the starting point for budeting process as it provides the important information about how many units needs to be sell.
Who prepare a sales budget?
sales manger is responsible for preparing the sales budget.
What is a sales budget?
A sales budget is the very first budget to be produced. it has for purpose to project what is ahead by using past performances record. A sales budget is not about cost but about how much money you can get. Its main components are Price x volume= Sales budget.
What is The usual starting point for a master budget?
the sales forecast or sales budget.
What variance is the difference between the actual sales and the flexible budget sales?
Actual sales (quantity ) = flexible budget sales (quantity ) , because the flexible budget is prepared based on the actual activity level (units sold ) to avoid misleading of compering the static budget sales and actual sales
Why is the Sales budget the first budget to be prepared?
Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?
True or false-The direct labor budget begins with sales in units from the sales budget?
true
Which budget is prepared first?
The sales budget is the first budget to be prepared.
What is the purpose of the sales budget report?
The purpose of the sales budget report is to ascertain what the year's budget status would have on the next year's anticipated budget. In order to anticipate what the next year's sales might be, one needs to find out what the last year's sales were.The purpose of the sales budget report is to help plan for the future. The budget can be used to control expenditure and increase revenue for the next financial year.
Advantage of sales budget?
The sales budget is the most important budget, because it drives all of the other budgets (production, labor, manufacturing, cash).
What are the importance's of sales budget?
The importance of Sale Budget in a society
The starting point of a master budget is the preparation of the?
sales budget.
What are the advantages and disadvantages of sales budget?
Advantages of a sales budget is that it can help businesses to reach a certain selling goal.
