1.

Distinguish between A Production Budget and a Sales Budget.

Answer»
Production BudgetSales Budget
1. It contains an estimate of the total production of a specific period of time.It is a forecast of sales to be achieved during a specific period of time.
2. Production budget ensures sufficient stock for sales and to manufacture goods in the most economical manner.Sales budget shows the breakup of total sales productive, territorywise and monthwise



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