Question: 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

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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