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ADVANTAGES OF PRODUCTION BUDGET:-

The following are the advantages of production budget:

* Plant and machinary can be utilised to a maximum extent

* Labour hours can be utilised to a greater extent

*It help to reduce production expenses as there is uniform production

*It is enough to maintain minimum stock of goods

*Purchase cost budget can be prepared

*Production cost budget can be prepared

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12y ago
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12y ago

its helps you figure out the business moto and how much is to be spent on production

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Q: What are the advantages and disadvantages of production budget?
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