1. All of the following are integrated into the cost of goods sold budget except the budget. a. direct labor cost b. direct materials purchases c. factory overhead cost d. selling and administrative expenses 2. The is often used as the starting point for the selling and administrative expenses budget. a. sales budget b. factory overhead cost budget c. payroll register d. cost of goods sold budget 3. Pisa Trophy Co. budgeted production of 50,000 brass trophies for the coming year. Each trophy requires engraving. Assume that 15 minutes are required to engrave each trophy. If engraving labor costs $15.00 per hour, determine the direct labor cost budget for the year. a. $750,000 b. $12,500 c. $187,500 d. None of these choices are correct. 4. The budgeted units to be produced are determined by which of the following formulas? a. Expected Units to Be Sold - Desired Units in Ending Inventory + Estimated Units in Beginning Inventory b. Expected Units to Be Sold - Desired Units in Ending Inventory - Estimated Units in Beginning Inventory c. Expected Units to Be Sold + Desired Units in Ending Inventory + Estimated Units in Beginning Inventory d. Expected Units to Be Sold + Desired Units in Ending Inventory - Estimated Units in Beginning Inventory