Which of the following represents the correct order in which the indicated budget documents for a manufacturing company would be prepared?
A. Sales budget, cash budget, direct materials budget, direct labor budget
B. Production budget, sales budget, direct materials budget, direct labor budget
C. Sales budget, cash budget, production budget, direct materials budget
D. Selling and administrative expense budget, cash budget, budgeted income statement, budgeted balance sheet
Answer: D. Selling and administrative expense budget, cash budget, budgeted income statement, budgeted balance sheet
Learn More :
Accounting Chapter 8
- Which of the following is not correct regarding the manufacturing overhead budget?
- Which of the following statements is not correct?
- In the selling and administrative budget, the non-cash charges (such as depreciation) are added to the total budgeted selling and administrative expenses to determine the expected cash disbursements for selling and administrative expenses.
- Both variable and fixed manufacturing overhead costs are included in the manufacturing overhead budget.
1 comments:
Financial Restoration Through the help of benjamin lee. Email: 247officedept@gmail.com that's his Email and this is his whatsapp number +1-989-394-3740 . I'mLeonardo Hugo a agronist who was able to revive his dying Livestock Feed Manufacturing through the help of a GodSent lender known as Benjamin Briel Lee the Loan Officer. I want you to know that his Service is the right place for you to resolve all your financial problem because am a living testimony and I can't just keep this to myself when others are looking for a way to be financially lifted. I want you all to contact this God sent lender using the details as stated in other to be a partaker of this great opportunity and also they work with good/reputable bank that wire money transfer without delay into my account.
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.