To prepare the overhead budget, which of the follow budgets is required?

a) sales budget

b) production budget

c) direct labour budget

d) material purchases budget

The formula for a mixed cost is

a) total cost = total variable cost + (fixed rate x amount of output)

b) total cost = total fixed cost + (variable rate x amount of output)

c) total cost = variable rate x amount of output

d) none of these

e) all of these

If more direct materials were used than expected at standard:

a) The direct materials efficiency variance would be favourable

b) The direct labour efficiency variance would be unfavourable

c) The direct materials price variance would be favourable

d) The direct materials efficiency variance would be unfavourable