Question
For each item used in the firms production budget and direct-labor budget, select the other components of the master budget (except for financial statement budgets)
For each item used in the firms production budget and direct-labor budget, select the other components of the master budget (except for financial statement budgets) that also, directly, or indirectly, would use these data. Can you assist explaining which are correct for each and why/how they directly and indirectly use these data? | |
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Selling and administrative expense budget |
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Production-overhead budget |
|
Direct-material budget |
|
Cash budget |
|
Cost-of-goods-sold budget |
|
Sales budget |
|
Cash disbursements budget |
|
| |
Selling and administrative expense budget |
|
Direct-material budget |
|
Cost-of-goods-sold budget |
|
Production-overhead budget |
|
Cash budget |
|
Cash disbursements budget |
|
Sales budget |
|
|
|
Selling and administrative expense budget |
|
Production-overhead budget |
|
Direct-material budget |
|
Cash budget |
|
Cost-of-goods-sold budget |
|
Sales budget |
|
Cash disbursements budget |
|
| |
d. Direct-labor cost data: Selling and administrative expense budget |
|
Production-overhead budget |
|
Direct-material budget |
|
Cash budget |
|
Sales budget |
|
Cost-of-goods-sold budget |
|
Cash disbursements budget |
|
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