Identification 1. A projection of sales of a product or service expressed either in units or absolute monetary value 2. A budget that outlines planned expenditures for nonmanufacturing activities. 3.
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Identification
1. A projection of sales of a product or service expressed either in units or absolute monetary value
2. A budget that outlines planned expenditures for nonmanufacturing activities.
3.
Step by step
Solved in 3 steps
- Budgeted operating income includes: * A. budgeted interest expense B. budgeted income taxes. C. budgeted net income D. budgeted cost of goods soldWhich of the following includes only financial budgets?A. capital asset budget, budgeted income statement, sales budgetB. production budget, capital asset budget, budgeted balance sheetC. cash budget, budgeted balance sheet, capital asset budgetD. budgeted income statement, direct material purchases budget, cash budgetWhich of the following appears on the budgeted balance sheet? * A. estimated sales B. estimated cost of goods sold C. estimated fixed selling expense D. estimated ending accounts receivable
- Which of the following is an operating budget? A. cash budget B. production budget C. tax budget D. capital budgetWhich of the following includes only financial budgets? capital asset budget, budgeted income statement, sales budget production budget, capital asset budget, budgeted balance sheet cash budget, budgeted balance sheet, capital asset budget budgeted income statement, direct material purchases budget, cash budgetRequired: i) Analyse a sales budget ( in unit and value ) ii) Analyse a production budget of the Bara Enterprise ii) Construct a material usage and purchases budget of the Bara Enterprise
- Q1.Prepare the revenues budget. Q2. Use the revenues budget to: a. Find the budgeted allocation rate for marketing costs. b. Find the budgeted number of deliveries and allocation rate for distribution costs.Which of the following terms refers to a budgetary account, rather than actual account a. Unreserved Fund Balance b. Estimated revenue c. Revenue d. ExpenditureWhich one of the following is an operating budget? a.cash budget b.sales budget c.budgeted balance sheet d.capital expenditure budget
- Which budget is prepared for Advertising, Salary, and Market Analysis? A. Operating Budget B. Sales Expenditure Budget C. Static Budget D. Labor Budgeta) Analyze the sales budget (in unit and value). b) Analyze the production budget of the Bobo Co. c) Construct a material usage and purchases budget of the Bobo Co.Q.Prepare the cost of goods sold budget.