Explain production budget
Give a short introduction of the term ‘production budget’?
Expert
Production budget is a prediction of production for the budget period. It is made from two angles: In terms of money and in terms of quantity. Following budgets are made under the production budget are illustrated below: -Material Budget to approximation of the material cost -Direct Labor Cost Budget to estimation of the labor cost that is required to product the quantity as particular in the production budget. -Overhead Budget to estimation of production overheads.
Production budget is made after taking different budgets into deliberation. For an appropriate estimation of different costs associated with the production procedure makes it vital to make production budget for the period in that production will take place.
Due Diligence:1. General: Assess of prudence, accountability, and diligence which is expected from, and ordinarily exercised by, a reasonable and prudent person beneath the situations.
what are the disadvantages of having adequate working capital?
Explain how the advent of euro would affect the strategies of international diversification.
What are Impersonal accounts and how it is classified?
State the characteristics of the Dual currency bonds market instrument.
Explain the Sharpe performance measure concept.
Explain Multinational corporations (MNCs) and what the economic roles do they play?
Seattle is currently considering a 10-cent tax on espresso drinks to pay for pre-school and day-care programs. The legislation’s sponsor, Rep. Burbank, argues that people who spend $3-5 on exotic espresso based coffee drinks can afford – and will be &ldquo
What is the Definition of Ledger in terms of Accountancy?
Define the terms shadow balance?
18,76,764
1928120 Asked
3,689
Active Tutors
1459628
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!