BSNS107 week 10

Card Set Information

Author:
rosme090
ID:
89601
Filename:
BSNS107 week 10
Updated:
2011-06-07 07:06:28
Tags:
BSNS107
Folders:

Description:
Budgeting
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  1. Planning is the essential part of the management process and through budgeting managers can:
    Plan and control
  2. Budgets are used for:
    • Planning
    • Control
    • Motivation
  3. To work out total kg required for production :
    Units sold + ending inv - opening inventory = production
  4. To work out Raw Materials purchases required :
    Production requirements + ending inv - opening inventory = RM purchases required
  5. Sales Budget:
    Units x SP = Total

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