A short-term financial plan used to coordinate the activities needed to achieve the short-term goals of the company is a(n). budget. A. strategic B. operational C. static D. short-term goal The following information is available from previously prepared budgets for the upcoming month: Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense $600,000 360,000 27,000 10,000 What is the budgeted operating income for the upcoming month? A. $240,000 B. $203,000 C. $230,000 D. $213,000 Samuel Corporation's budgeted production is 54,000 units per month. Each unit requires 4 hours of direct labor to complete. The direct labor cost is $54 per hour. Calculate the budgeted cost of direct labor for the month. A. $11,664,000 B. $5,400,000 C. $2,915,784 D. $5,832,000 Before preparing a direct labor budget, you must prepare a A. cost of goods sold budget B. production budget C. manufacturing overhead budget D. selling and administrative budget