This unit has focused on manufacturing companies; however, many companies are service operations that do not sell a physical product. For this portfolio assignment, select a service company and describe the process it would use to create a master budget. How would the budget process for the service company differ from a manufacturing company? Be specific.

refer to the following :

Figure 9.1 Master Budget Schedules Sales Production Selling and administrativeb Capital expenditures Direct materials Direct labor Manufacturing overhead' Cash Balance sheet Income statementh