Question 27 (1 point) Which of the following is not a category under the operating budget for a manufacturing company? Manufacturing overhead budget Production budget Capital expenditures budget Budgeted income statement Question 28 (1 point) Which of the following budgets must be prepared first, as it serves as a basis for most other budgets? Cash budget O Production budget Operating expenses budget Sales budget Question 29 (1 point) The operating budgets culminate in the budgeted balance sheet. income statement. statement of cash flows. statement of owners' equity. 9