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Q2. Define the master budget and use your own figures to prepare the following quarter budgets: (2.5 marks) 1- Sales budget 2- Production budget with
Q2. Define the master budget and use your own figures to prepare the following quarter budgets: (2.5 marks)
1- Sales budget
2- Production budget with ending inventory.
3- Raw material budget with ending inventory.
4- Direct labor budget
5- Manufacturing overhead budget.
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