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I agree with Mohamed. Sales budget is the most important. If you know the sales volume you can create the production budget and then direct and indirect costs budgets.
I agree with Mr. Mohamed Ghazi.
sales budget needs to be prepared first as the rest of the budget depends n the sales volumeand mix forecaset.
A 'Smart' Question indeed!
I fully endorse your Wonderful/Constructive submission Mr. Mohamed Ghazi. Thank you so much.
sales budgetis the first budget prepared because sales volume affects production and purchacing levels,operating expenses and cash flows. once a firm can estimate sales, the next step is to decide how much to produce or purchase.
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