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1 ) Mangers need budgets for all of the following except a . To guide them in allocating resources b . To maintain control c

1)Mangers need budgets for all of the following except
a. To guide them in allocating resources
b. To maintain control
c. To enable them to measure and reward progress
d. To determine which individual to hire
2)Erie, Inc. has budgeted sales in units for the next five month as follows:
JUNE 4,600 UNITS
JULY 7,200 UNITS
AUGUST 5,400 UNITS
SEPTEMBER 6,800 UNITS
OCTOBER 3,800 UNITS
Past experience has shown that the ending inventory for each month needs to be equal to 10% of the next months sales in units. The inventory on MAY 31 is budgeted to be 460 units. The company wants to prepare a production budget.
The budgeted total number of units to be produced in JULY is:
a.7,020 units
b.7,200 units
c.7,740 units
d. None of the above

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