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Explain Sales budget
A sales budget is an estimate of expected sale during a budget period. A sales budget is known as a nerve center or backbone of the enterprise. The degree of accuracy with which sales are estimated will determine the practicability of operating budget. A sales budget is the starting point on which other budgets are also based.
A sales budget lays down potential sales figures in value as well as in quantity it lay down a comprehensive plan and programmed for sales department. The sales manager is made responsible for preparing sales budget. He uses all possible information available from internal and external sources.
Budget Preparation The organization's budget is ready following the acceptance and sanction of the decision packages. Once the budget of organization has been accepted manager
x+2y+3z=6 2x+4y+z=7 3x+2y+9z=14
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M/s ABC's present credit terms are 1/10 net 30 that they are planning to change to 2/10 net 30. The current average collection period is 20 days and the variable cost to sales rat
chapter 5 solution
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The management of Popular Stores Sdn. Bhd. are in the process of exploring the company’s investment opportunities.
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Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant by the year. These brackets are purchased from a supplier 100 miles
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