Which of the following statements is NOT correct concerning the Manufacturing Overhead Budget? Multiple Choice The Manufacturing Overhead Budget provides a schedule of all costs of production other than direct materials and direct labor costs. The Manufacturing Overhead Budget shows the expected cash disbursements for manufacturing overhead. The Manufacturing Overhead Budget shows only the variable portion of manufacturing overhead. The Manufacturing Overhead Budget is prepared after the Sales Budget. Which of the following is true of the Selling & Administrative Budget? Multiple Choice This budget is usually prepared after the Cash Budget. This budget lists all costs of production expect for direct materials and direct labor. This budget provides information about cash paid for manufacturing overhead. This budget reports cash disbursements for selling and administrative expenses as total selling and administrative expenses less depreciation.