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POP 24. What is the correct order in which the following budget schedules are prepared? 1. Direct materials purchases Production 3 Direct labor 4. Sales
POP 24. What is the correct order in which the following budget schedules are prepared? 1. Direct materials purchases Production 3 Direct labor 4. Sales 5. Manufacturing overhead a 2.1.5.3.4 h. 4.2.1.3.5 c. 2.3.1.4.5 d. 4.1.5.3.2 c. None of the answer choices is correct. 25. All of the following appear on the manufacturing overhead budget excepti a units to be produced b. direct labor cost per unit. o indirect labor cost per unit. d. total fixed overhead costs. e. None of the answer choices is correct. 26. Victoria Company's policy is to keep 20% of the next month's sales in ending inventory. If Victoria meets this policy for its ending inventory in May, and sales are expected to be 14,000 units in June and 20,000 units in July, how many units need to be produced in June? a. 20.800 units b. 12.800 units c. 18 000 units d. 15.200 units e. None of the answer choices is correct. 27. Budgeted manufacturing overhead costs include all of the following except a. direct materials used in production. b. depreciation of manufacturing equipment c. indirect materials used in production d. indirect labor such as the salary of a factory supervisor. e. None of the answer choices is correct. 28. An organizational segment that is responsible for costs and revenues is known as: a. a financing center. b. a profit center. c. a cost center. d. an investment center. e. None of the answer choices is correct
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