Discuss two functional budgets. (500 words)

In that section, outline two critical budgets (100 words)
- Sales budget: translate the volume and worth of sell-outs.
- Production budget: determines how many units of output are available and how much inpuinfluence such as the raw material, labor.

ts Address sales budget (200 words)
- According to prognoses of sales and production volume.
- Thinks for sales amounts, unit prices and the mixture of the products.
- Production budget is a critical factor that should be considered at this stage.
- Assist in calendar planning for the work of the sales team.

Consider the production budget (200 words)
- Important step is to produce quantities as well as the costs.
- Considerations are made of sales budgeted as well as goods and services inventory levels.
- Figures out the labor input, cost variables, and estimate overhead.
- Purchases budget and cost budget input for the material.
- Saves time and advances production capacity of the process.

Conclusion (50 words)
- Conclude as to how the two budgets contribute to one another and how they ultimately lead to the planning of these utilities as well as costs.