ocr: Production and Associated Budgets The production budget will predict quantities and costs for all the organisation's products. In order to establish budgeted production quantities the organisation will need to integrate information relating to sales levels, opening tinished goods stock and closing tinished goods stock. These components are all closely intertwined with each other as the tollowing diagram illustrates: Required Production is equal Budgeted Sales plus Stock Closing Finished of less Stock Finished Opening of Level to Goods (units) Goods After having established budgeted production ...
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