Need help with 8,9,10,11. Please

Which of the following is not a step in preparing the cost of goods sold budget? Add the budgeted direct materials, budgeted direct labor, and budgeted manufacturing overhead used in production to the beginning work in process balance Subtract the budgeted ending work in process balance to determine the budgeted cost of goods manufactured Trail industries is preparing its cash budget for the third quarter of the current year. Sales for the third quarter are budgeted at $30, 000 ($250, 000 per month) Sales are 50% remaining 20% on credit which is collected in the month following the month of sale. On June 30 the cash balance is $48,000 and the accounts receivable all related to June balance is $51,000. Operating expenses for the quarter are budgeted at $454,000, which includes $48,000 of depreciation. Cash experts are paid in the month. Cash for merchandize inventory are budgeted of $392,000 for the quarter. What is the projected balance all the end of the third quarter? $113,000 $73,000 $4,000 An ideal standard signifies Perfection Which of the following in not a of a bottom-up budget environment Executive management creates the budget At each higher level of management the budget is reviewed and may be