Which of the following statements is true with respect to the master budget? (multiple answers)

Group of answer choices

The budgeted ending accounts receivable balance is based on the cash collections budget and is the uncollected amount from the sales for the period.

A merchandising company does not need to prepare a production budget.

The selling and administrative expense budget is based on the budgeted units sold.

The manufacturing overhead is based on the budgeted units of production.