Ending Finished Goods Inventory Budget The ending finished goods inventory budget provides us with the information required for the construction of budgeted financial statements. After completing the previous 5 budgets (Sales Budget, Production Budget, Direct Material Budget, Direct Labor Budget and Factory Overhead Budget), a set of sufficient data will have been generated to compute the “per-unit manufacturing cost of finished product“. This computation is required for two reasons: to help compute the “cost of goods sold” on the “budgeted [...]