The payback method measures: Multiple Choice the economic life of an investment. the cash flow from an investment. the profitability of an investment. how quicThere are various budgets within the master budget. One of these budgets is the production budget. Which of the following BEST describes the production budget? Multiple Choice It details the required direct labour hours. It details the required raw materials purchases. It summarizes the costs of producing required units for the budget period. It is calculated based on the sales budget, the desired beginning inventory and the desired ending inventory.kly investment dollars may be recovered