BUDGETING

Budgeting



Inventory Budget

Once predetermined sales whose budget is an essential element in the execution of the program of almost all business functions necessary to budget the amount of items to meet the demand of the sales budget, is inventory budget.

It refers to the inventory of finished goods for sale, as can be seen as raw materials and other materials are part of the procurement budget of finished goods in addition to the process is not practical, but only to determine its effect on the projection of production cost of goods sold. Therefore apply the reasoning in the section of ...