ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Budgeted sales less closing stock plus opening stock
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Budgeted sales less opening stock
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Budgeted sales plus closing stock less opening stock
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Budgeted sales less closing stock less opening stock
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Detailed explanation-1: -Budgeted sales minus stock at end plus stock at beginning Question.
Detailed explanation-2: -Answer and Explanation: When preparing a production budget, the required production equals: b. budgeted sales-beginning inventory + desired ending inventory.
Detailed explanation-3: -Required production units = expected unit sales + units in your safety stock-units in the beginning inventory. GGH Electronics is a company that produces various types of smartphone accessories. More items •08-Jun-2021
Detailed explanation-4: -The Closing Stock or the closing inventory Formula is Opening Stock + Purchases – Cost of Goods Sold. We need to add the cost of beginning inventory or the opening inventory to the cost of purchases during the period. More items •01-Mar-2023