Usually the production budget is stated in terms of
0
A
Money or Rupee only
O
Quantity or unit only
B
С
Both
None of these
D
Answers
Answered by
1
Answer:
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Answered by
0
Question
Usually, the production budget is stated in terms of ___________.
A) Money or Rupee only
B) Quantity or unit only
С) Both
D) None of these
Answer
The correct option is (C) Both
- It is a financial or future planning related to the units of product that should be produce in the upcoming period or for future to mismatch the problem of demand and supply if created.
- The estimated sales quantity can be forecasted based on the following assumptions, competition in the market, economic conditions of market, production capacity, consumer prevailing market demands, etc.
- The production budget is defined as to calculates the number of units of products that must be manufactured to any demand or supply default in future.
- The production budget is a financial plan that estimates the expected costs and revenues associated with the producing goods or services.
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