Master Budget (Cost Of Goods Sold Budget Setup & Calculations, Explained Thru Detailed Example)
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Accounting for the Cost Of
Accounting for the Cost Of Goods Sold Budget as part of the Master Budget & Operating Budget, setting up & calculating the Cost Of Goods Sold Budget, (1) COST OF GOODS SOLD BUDGET (a) Budgeted Total Manufacturing Cost= Cost of Direct Material Used (+) Cost of Direct Labor Used (+) Total Factory Overhead Costs (b) Budgeted Cost of Goods Sold= Budgeted Total Manufacturing Cost (+) Beginning Finished Goods (-) Ending Finished Goods, Desired Ending Inventory is usually based on the next periods Sales Budget, detailed discussion by Allen Mursau
11 سال پیش
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