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please answer both A Management Accounting student has been tasked to produce a production volume budget for a company. They have been provided the following

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A Management Accounting student has been tasked to produce a production volume budget for a company. They have been provided the following information Sales for January, February and March have been forecast to be 12000, 11500 and 13500 respectively Inventories of finished goods January 9,500 The closing inventory of finished goods at the end of January, February and March must be equal to 65% of the forecast sales for the following month Sales in April is expected to be 9000 units Production in May is expected to be 4500 units Required Complete the working for the production budget below Production Volume Budget Enter your values to the nearest whole number with a -(minus) sign if it is being subtracted eg -100 January February March April Opening Stock 0 Closing Stock Production Volume ent Information and Submission' Which of the following are disadvantages of imposed budgeting? Select one or more: i. Lower management does not have to take time to prepare the budget ii. budgets which are not in-line with corporate objectives iii. increased understanding, communication and commitment on behalf of managers iv. increased ownership of the budget v. Those creating the budget may be out of touch with day-to-day activities O vi. Increases goal congruency and concentration on corporate objectives vii. Departments may look for resources that just don't fit into the budget. vili, too much focus on department objectives ix. higher spending targets which will result in a reconciliation process

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