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In what order are the following budgets prepared? IS. budgeted income statement P. production budget SA. selling and administrative budget MP. materials purchases budget a.

In what order are the following budgets prepared? IS. budgeted income statement P. production budget SA. selling and administrative budget MP. materials purchases budget

a. P, MP, IS, SA

b. P, MP, SA, IS

c. SA, P, MP, IS

d. MP, P, SA, IS

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