Difference in the budgets

Assignment Help Accounting Basics

Reference no: EM13137518

Astro Company is a manufacturer and Luyten Company is a merchandiser. What is the difference in the budgets the two entities will prepare?

A) Astro Company will prepare a production budget, and Luyten Company will prepare a merchandise purchases budget.

B) Astro Company will prepare a sales forecast, and Luyten Company will prepare a sales budget.

C) Luyten Company will prepare a production budget, and Astro Company will prepare a merchandise purchases budget.

D) Both companies will prepare the same types of budgets.

Reference no: EM13137518

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