Business Studies · Budgeting and Budgetary Control
In a situation where there are no production resource limitations, which TWO of the following items of information must be available for the production budget to be completed? 1. Sales volume from the sales budget 2. Material purchases from the purchases budget 3. Budgeted change in finished goods inventory 4. Standard direct labour cost per unit
- 12 and 3
- 21 and 4
- 32 and 4
- 41 and 3✓
Correct answer
1 and 3
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