If you budget to for 2000 units of sales and have a opening inventory of 500, then you will only need to produce 1500 units, however closing inventory needs to be 600 units( perhaps for the next month or something) so 1500 units + 600 units closing inventory will work out to 2100units for production
What a useful video explanation.
Thank you Sir.
If you budget to for 2000 units of sales and have a opening inventory of 500, then you will only need to produce 1500 units, however closing inventory needs to be 600 units( perhaps for the next month or something) so 1500 units + 600 units closing inventory will work out to 2100units for production
according to study text master budget does not include capital expenditure budget. in the video sir says it is included. which is correct?
videos are very old, notes are the updated version
I didn’t quite understand how to calculate the increase in inventory?
Hi! Listen
Can we have the question as well and how u worked out increase in inventory
The question in on the free course notes that you need to download from our website (as explained at the start of the lecture).