Which of the following represents the normal sequence in which the below budgets are prepared for a manufacturing firm O Sales Budget, Production Budget. Cash Budget, Direct Materials Budget Cash Budget, Sales Budget, Production Budget, Direct Materials Budget O Sales Budget. Production Budget, Direct Materials Budget, Cash Budget O Sales Budget, Cash Budget, Production Budget, Direct Materials Budget Which of the following is NOT an objective of the budgeting process? To communicate management's plans throughout the entire organization. To uncover potential bottlenecks before they occur. To ensure that the company continues to grow. O To provide a means of allocating resources to those parts of the organization where they can be used most effectively. Jay Corporation manufactures and sells men's shirts. Each shirt (unit) requires 24 yards of cloth. Selected data from day's master budget for next quarter are shown below: Budgeted sales (in units) Budgeted production (in units) July 8100 9100 August September 10,100 12.100 11,600 14.000 Each unit requires 1 hours of direct labor, and the average hourly cost of Jay's direct labor is $24. What is the cost of Jay Corporation's direct labor in September? $806,400 $278.400 $336,000 $290,400