A firm's cash budget for 19 times 8 should be least affected by: a. the firm's depreciation method b. the firm's credit policies c. the firm's inventory policies d. the firm's balance sheet at the end of 19 times 7 Modesto Company produces and sells Product Alpha B. To guard against stockouts, the company requires that 20% of the next month's sales be on hand at the end of each month. Budgeted sales of Product Alpha B over the next four months are: Budgeted production for August would be: a. 62,000 b. 70,000 c. 58,000 d. 50,000 What is the primary difference between preparing a master budget for a merchandising firm and for a manufacturing firm? a. the merchandising firm does not prepare a budgeted balance sheet b. the merchandising firm does not prepare a cash budget c. the merchandising firm does not prepare a production budget d. the merchandising firm does not prepare a sales budget