suvagetaey comtrol on found out by multiplyin, | ig eerie ee eee (3) cs ion Budget is the third Master : Budget. The cost of production wil bw extate tr actnatng te co of | peertel eri apie cot dies melonal cieet labour 20d . or L (The prepa o he cach bgt nes prin sep se will be helpful in estimating the cash inflows from different sources sucl a a of a ecm Joans, debtors, etc., and Jeu ifferent purposes 8 payment of creditors, purchase redemption of longer oar wl i ve the blnce man he en ir f (5) The above steps from 1 to 4 will be helpful in providing information for preparing the budgeted or projected income statement. (6) On the basis of last year’s balance sheet and the information collected by faking: f steps 1 to 5, the budgeted or balance sheet for the business will be |. This will be the final step in the preparation of a Master Budget. If desired, the important accountin; atios car-also be computed on the basis information given the Bg The Master Budget may be in the following form: MASTER BUDGET’ i Product Product 1 2 Rs. Rs. P 2 edeteess Bee eeoedebeees | 1, Sales . ae 18,000 2. Cost: Ceres ei 12,000 oe about ooo 11,000 5 i 3 Bee SEzedede Eg