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Q2. Budgeting is an accounting tool for planning and controlling purposes. Kindly, prepare using your own numbers the following operating budgets for any quarter :
Q2. Budgeting is an accounting tool for planning and controlling purposes. Kindly, prepare using your own numbers the following operating budgets for any quarter :
1- Sales budget. 2- Production budget assuming beginning inventory and ending inventory. 3- Raw material budget assuming beginning and ending inventory. 4- Direct labour budget. 5- Manufacturing overhead budget.
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