What is an example of a master budget?

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Leopoldo Bode asked a question: What is an example of a master budget?
Asked By: Leopoldo Bode
Date created: Tue, Mar 23, 2021 8:40 AM
Date updated: Wed, Sep 14, 2022 8:41 AM

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Video answer: Master budget explained

Master budget explained

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The various budgets which are ultimately rolled up within a master budget are Direct labor budget, Direct material budget, Finished goods budget, Manufacturing expenses budget, production budget, sales budget, cash budget. read more, capital asset acquiring budget and selling, and administrative budget.

  • Examples of a Master Budget Cash on hand: $10,000 Projected income: $195,000 Loan payments: $25,000 Total expenses: $120,000

Video answer: Master budget

Master budget

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A manufacturing organization's master budget includes a production budget, which uses the sales budget and inventory levels anticipated at the beginning and end of the period to determine how much to produce.

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Video answer: Master budget (income statement)

Master budget (income statement)