Components of Master Budget
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Once individual annual budgets have been prepared, they are combined into a large budget called the master budget. Some of the budgets included in the master budget are the sales, purchases, operating expenses, capital, and cash budgets.
Ben and Jerry's Homemade, Inc., makes ice cream and frozen yogurt products. Describe some items that you would expect to find on each of the above-listed individual budgets.
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This explain the Components of Master Budget
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Sales Budget will include sales forecast of icecream (differen varieties), frozen yog hurt products,
(different varieties).
Purchase will include forecast ...
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