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LO8-5,6,7,8 (% point each) List ONE management policy or company Information needed to complete EACH of the following budgets. Note: DO NOT use any Information

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LO8-5,6,7,8 (% point each) List ONE management policy or company Information needed to complete EACH of the following budgets. Note: DO NOT use any Information already provided or computed above. a. Direct labor budget b. Overhead budget C. SG&A budget d. Cash budget U 6 LO8-1: Briefly describe how a 'management by exception' approach may lead to 'budgetary slack.' 7 .8 19

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