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Prepare the following: Revenues budget Production budget in units Direct material usage budget and direct material purchases budget Direct manufacturing labor cost budget Manufacturing overhead
Prepare the following:
- Revenues budget
- Production budget in units
- Direct material usage budget and direct material purchases budget
- Direct manufacturing labor cost budget
- Manufacturing overhead cost budgets for each of the three activities
- Budgeted unit cost of ending finished goods inventory and ending inventories budget
- Cost of goods sold budget
- Nonmanufacturing costs budget
- Budgeted income statement (ignore income taxes)
- How does preparing the budget help Animal Gear?s management team better manage the company?
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