Ask Question
8 October, 17:26

LO 7.2What operating budget exists for manufacturing but not for a retail company?

+2
Answers (1)
  1. 8 October, 19:56
    0
    Production Budget

    Explanation:

    Production Budget is usually substituted with Purchasing budget for a retail company.

    The operating budget usually consist of the:

    sales budget, production budget, manufacturing overhead budget.

    However, for a retail company that usually do not produce their products or inventory but purchase them, the Production Budget is usually substituted with Purchasing budget or merchandise inventory to be purchased; meaning since they do not have raw materials they substitute the number of units to be purchased, to the number of units to be produced.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “LO 7.2What operating budget exists for manufacturing but not for a retail company? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers