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Budgeting in Accounting

 

 

Budgeting is an accounting tool for planning and controlling purposes. Kindly, prepare using your own numbers the following operating budgets for any quarter :.( 2.5 marks)

1-Sales budget.

2-Production budget assuming beginning inventory and ending inventory.

3-Raw material budget assuming beginning and ending inventory.

4-Direct labour budget.

5-Manufacturing overhead budget.

 

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