Question
5.Salaries paid to assembly line personnel and cutting department employees normally appear on the direct labor cost budget. (Assembly salaries and cutting department wages
5.Salaries paid to assembly line personnel and cutting department employees normally appear on the direct labor cost budget. (Assembly salaries and cutting department wages would normally appear in the direct labor cost budget.) a. true) b. false 6. The first budget that is prepared as part of the master budget in a company is: (The first budget customarily prepared as part of an entity's master budget is the): a production budget b. cash budget c. sales budget d. direct materials purchase budget purchases) 7. The costs awarded to a profit center according to its use in accordance with the base activity, they are called: (The costs charged to a profit center on the basis (activity-based) of its use of those services are called:) a. operating charges b. noncontrollable charges c. service department charges d. activity charges 8. Which preparation of the production budget? (Which of the following budgets provides the starting point for the preparation of the production budget?) a direct materials purchases budget b. cash budget production budget d. sales budget 9. The profit margin is a. the ratio of income from operations to sales from operations to sales) b. the relationship between income from operations and investment in resources or assets for the company (ratio of income from operations to invested assets) c. the relationship between the company's resources and its debts (ratio of assets to liabilities) d the relationship between sales and investment in resources or assets of the company (ratio of sales to invested assets) of the following assumptions represents the starting point for the
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