true and false The budgeted volume of production is normally computed as the sum of (1) the expected sale volume and (2) the desired year end inventory If Division Inc expected to sell 100,000 units in 1990, desires ending inventory of 12,000 units, and has 11,000 units on hand as of the beginning of the year, the budgeted volume of production for 1990 is 101,000 units If Division Inc expected to sell 100,000 units in 1990, desires ending inventory of 12,000 units, and has 11,000 units on hand as of the beginning of the year, the budgeted volume of production for 1990 is 99,000 units The budgeted direct materials purchases is based on the sum of (1) the materials expected to be needed to meet production requirements and (2) the desired year end inventory The budgeted direct materials purchases is normally compute as the sum of (1) the materials expected to be needed to meet production requirements and (2) the desired year end inventory The production budget is the starting point for preparation of the direct labor cost budget

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true and false

The budgeted volume of production is normally computed as the sum of (1) the expected sale volume and (2) the desired year-end inventory.
If Division Inc. expected to sell 100,000 units in 1990, desires ending inventory of 12,000 units, and has 11,000 units on hand as of the beginning of the year, the budgeted volume of production for 1990 is 101,000 units.
If Division Inc. expected to sell 100,000 units in 1990, desires ending inventory of 12,000 units, and has 11,000 units on hand as of the beginning of the year, the budgeted volume of production for 1990 is 99,000 units
The budgeted direct materials purchases is based on the sum of (1) the materials expected to be needed to meet production requirements and (2) the desired year-end inventory.
The budgeted direct materials purchases is normally compute as the sum of (1) the materials expected to be needed to meet production requirements and (2) the desired year-end inventory.
The production budget is the starting point for preparation of the direct labor cost budget.