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$92$

There are various budgets within the master budget. One of these budgets is the production budget. Which of the following BEST describes the production budget?

$00$:$24$:$07$

Multiple Choice

It is calculated based on the sales budget and the desired ending inventory.

It details the required direct labor hours.

It details the required raw materials purchases.

It summarizes the costs of producing units for the budget period.

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