BSNS107 week 10

Planning is the essential part of the management process and through budgeting managers can:

Plan and control
Budgets are used for:
- Planning
- Control
- Motivation
To work out total kg required for production :

Units sold + ending inv - opening inventory = production
To work out Raw Materials purchases required :

Production requirements + ending inv - opening inventory = RM purchases required
Sales Budget:

Units x SP = Total

Author

rosme090

89601

Card Set

BSNS107 week 10

Description

Budgeting

Updated

2011-06-07T11:06:28Z

Show Answers