After examining the records of Gamma Inc. for the month of December, the following information is obtained: Beginning cash balance Cash receipts Cash payments Loan repayments $2,800 56,000 39,000 8,000 Based on the given information, compute Gamma's ending cash balance for the month of December a. $8,000 b. $11,800 c. $(8,800) d. $(19,800) Which of the following is a financial budget? a. An ending finished goods inventory budget b. A pro forma balance sheet C. A direct materials purchases budget d. A production budget An overhead budget shows the expected cost of all production costs: a. including selling and administrative expenses. b. other than fixed overhead items. c. including direct materials and direct labor. d. other than direct materials and direct labor. Budgeted costs change because: a, unit fixed costs go up as output increases. b. total variable costs go up as output increases. c. total fixed costs go up as output increases. d. unit vatiable costs go up as output increases