Finance > STUDY GUIDE > D196 ALL FORMULAE- Principles of Financial and Managerial Accounting Review Rated 100% (All)
The production budget = Sales budget + ending finished goods inventory - beginning finished goods inventory Direct materials production budget = Production budget × direct materials per unit The d... irect materials purchases budget = Direct materials production budget + ending direct materials inventory - beginning direct materials inventory Cash collected from customers = (current period revenue × current period collection rate) + cash collected from previous period sale [Show More]
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