ACCT 210 1st Edition Lecture 17 Outline of Current Lecture I Chapter 5 II Exercise 5 8 III Exercise 5 10 Current Lecture I Chapter 5 a Selling and administrative expense budget i Shows expenses to be incurred to support the budgeted level of sales b Production budget i Shows when and how many units to produce in order to meet budgeted sales volume ii Budget sales Budgeting ending inventory Budgeted beginning inventory Budgeted production II Exercise 5 8 III Exercise 5 10
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