Which of the following equations is used to prepare a production budget? Multiple Choice O Budgeted unit sales + Desired units of ending finished goods inventory - Units of beginning finished goods inventory = Required production in units O Budgeted unit sales + Desired units of beginning finished goods inventory - Units of ending finished goods inventory = Required production in units O Budgeted unit sales - Desired units of ending finished goods inventory + Units of beginning finished goods inventory = Required production in units O Budgeted unit sales - Desired units of beginning finished goods inventory + Units of ending finished goods inventory = Required production in unitsWhich of the following statements is false with respect to a cash budget? Multiple Choice 0 It excludes sales and instead reports cash collections from customers. 0 It excludes dividends because the}:r are subtracted from retained eamings on the balance sheet. 0 It includes cash paid for manufacturing overhead costs. 0 It includes cash paid for selling and administrative costs. Which of the following statements is true with respect to a budgeted balance sheet? Multiple Choice 0 The accounts payable balance includes the expected cash payments for material purchases that were made during the most recently completed month. The accounts receivable balance includes the uncollected credit sales from me most recently completed month plus the expected cash collections from credit sales that were made two months ago. The ending cash balance on the balance sheet equals the ending cash balance on the cash budget. The ending cash balance on the balance sheet equals the net income on the income statement