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Which of the following is a disadvantage of participative budgeting? It is a time-consuming prodess. Managers may pad the budget. Both it is a time-consuming

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Which of the following is a disadvantage of participative budgeting? It is a time-consuming prodess. Managers may pad the budget. Both it is a time-consuming process and managers may pad the budget. Neither that it is a time-consuming process and managers may pad the budget. Question 2 (3 points) Tanger Products plans to produce 10,000 units in January. Each unit requires 3 pounds of plastic, which costs $2 per pound. What standard material cost would the company use to plan for production? $2 $6

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