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I need in 2 hrs 16. The starting point of the master budget is _______, and...

I need in 2 hrs

16. The starting point of the master budget is _______, and the ending point is________.

  1. materials purchases budget, budgeted financial statements
  2. sales budget, cash budget
  3. cash budget, production budget
  4. sales budget, budgeted financial statements
  5. production budget, budgeted financial statements

                   

17. In making a production budget, the number of units to be produced for a given product is:

  1. Sales units
  2. Sales units + Desired Ending Inventory units
  3. Sales units – Beginning Inventory units
  4. Sales units + Desired Ending Inventory units – Beginning Inventory units
  5. Sales units – Desired Ending Inventory units + Beginning Inventory units

       

18.        Ace Company has 200 units of a given product on hand at the beginning of April.

One unit of the product costs $6 to manufacture. The company has the following sales budget:

                             Month              Sales units

                             April                1,000

                             May                 1,500

                             June                 1,800

The company’s policy is that it will maintain an ending Finished Good Inventory (in units) to be same as 30% of the following month’s sales units. How many units of the product should be produced in April?   ___________ units.

Business   Accounting   
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