8. What is budgetary slack? What incentive do man- agers have to create budgetary slack? 9. Distinguish between a master budget and a sales forecast. 10. What budget is the starting point in preparing the master budget? What may result if this budget is in- accurate? 11. “The production budget shows both unit production data and unit cost data.” Is this true? Explain. 12. Cali Company has 15,000 beginning finished goods units. Budgeted sales units are 160,000. If manage- ment desires 20,000 ending finished goods units, what are the required units of production?
Solution ID:10137720 | Question answered on 16-Oct-2016
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