Question 1 Which of the following elements is used in the development of the production budget? Labor Hours from the Labor Budget Expected Units Sold from the Sales Budget O Beginning Cash from the Cash Budget O Desired Ending Materials Inventory from the Materials Budget Question 2 Which of the following calculations is used in the development of the materials purchases budget? O(Production Needs Pounds of Material Per Unit) - Beginning Inventory + Ending Inventory O (Production Needs Pounds of Material Per Unit) + Beginning Inventory + Ending Inventory (Production Needs Pounds of Material Per Unit) + Ending Inventory + Beginning Inventory O(Production Needs Pounds of Material Per Unit) - Ending Inventory - Beginning Inventory 1 pts 1 pts