Which of the following budgets is the materials purchases budget based on?
a. Direct labor budget
b. Selling and administrative expense budget
c. Production budget
d. Manufacturing overhead budget
Answer: c. Production budget
Which of the following budgets is the materials purchases budget based on?
a. Direct labor budget
b. Selling and administrative expense budget
c. Production budget
d. Manufacturing overhead budget
Answer: c. Production budget
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.