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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
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
Erie Inc. has budgeted sales in units for the next five month as follows:
JUNE UNITS
JULY UNITS
AUGUST UNITS
SEPTEMBER UNITS
OCTOBER UNITS
Past experience has shown that the ending inventory for each month needs to be equal to of the next months sales in units. The inventory on MAY is budgeted to be units. The company wants to prepare a production budget.
The budgeted total number of units to be produced in JULY is:
a units
b units
c units
d None of the above
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