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If the beginning finished goods inventory (in units) is less than the desired finished goods ending inventory (in units), the required production in units
If the beginning finished goods inventory (in units) is less than the desired finished goods ending inventory (in units), the required production in units will be: Select one: a. Less than unit sales b. Equal to unit sales c. Equal to unit sales plus beginning finished good inventory (in units) d. More than unit sales Which of the following statements is false? Select one: a. A continuous or perpetual budget is a 12-month budget that rolls forward one month (or quarter) as the current month (or quarter) is completed. b. The direct labor budget begins with the required production in units from the production budget. c. The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable selling and administrative expense per unit. d. Control involves developing goals and preparing various budgets to achieve those goals. e. The master budget consists of a number of separate but interdependent budgets.
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