Which of the following statements is true? (You may select more than one answer.)

a. The manufacturing overhead budget includes depreciation related to assets that support a company’s selling and administrative functions.

b. The cash disbursements for selling and administrative expenses are reported in the budgeted income statement.

c. The selling and administrative expense budget includes depreciation related to manufacturing assets.

d. The total variable and fixed selling and administrative expenses incurred during a period are reported in the budgeted income statement.