0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is strategy based budget?
sacrificing other things to benifit " more important" things, within your budget
Why is a construction budget so important?
anal
What was the Production Budget for The Bourne Identity?
The Production Budget for The Wolf of Wall Street was $100,000,000.
Which of the Harry Potter films cost the most to make?
It is reported that the budget for the film was $200 million. Most big budget films have a budget of about $100 million, so the film must make over $100 million or it is considered a bomb at the box office.
What movie lost the most money in the box office?
Title Year Budget US Gross % of Budget Net Loss Alexander2004 $155,000,000 $34,297,191 22.1% $120,702,809
Advantage of sales budget?
The sales budget is the most important budget, because it drives all of the other budgets (production, labor, manufacturing, cash).
One of the most important budgets is the sales budget unfortunately this budget can also fluctuate the most List five reasons why the sales budget may fluctuate for each reason explain your answer?
_ Price _ Volume _ Demographic _ Competitors _ Economy
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.
Explain the purposes of sales budget?
Sales budget is the most important budget while making the overall budget for the organization for a fiscal year. It is important in this sense that how would anybody make fiscal budget for organization if he don't know about how much to sale or what are the organization's sale would be. If you know the sales volume of units of product you want to sale in a fiscal year then you will make production budget according to that sales requirement in mind you will have production information in mind you will purchase raw material, hire labour according to requirements. So if you don't know about how much you want to sale then how would you budget other things and how would you compare your performance at the end of fiscal year.
Who prepare a sales budget?
sales manger is responsible for preparing the sales budget.
What is the significance of sales budget in an enterprise?
Sales budget is the starting point of budgeting process because it provides the all important figure of budgeted sales data for production budgets and for all other budgeted financial statements.
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 is sales budgeting and why is it important?
Sales budgeting is the starting point of budgeting process as in sales budget first of all the sales demand is determined and after that all other budgets are prepared to fulfill that demand.
How do you write a hypothetical sales budget?
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
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?
