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Underline Operational Budget

Underline Operational Budget

Aug 6th, 2022

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How to Underline Operational Budget

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In this tutorial, Mike Werner discusses the preparation of an operating budget for ABC Manufacturing Inc. for the first quarter of 2021. To create the budget, essential information such as the sales forecast and product selling prices is needed. Additionally, a cash collections budget will be developed based on expected fund collection patterns. The focus is on gathering and analyzing relevant data to construct an effective budget for January, February, and March of 2021. The sales forecasts provided include 280 units for November and 310 units for December. Mike emphasizes the importance of collecting all necessary information before proceeding.

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