Which of the following use information from the selling and administrative expense budget?
A)Manufacturing overhead budget and cash budget
B)Budgeted income statement and cash budget
C)Cash budget and budgeted balance sheet
D)Production budget and budgeted income statement.

Question

Quizplus · Accepted Answer

The selling and administrative expense budget is used to determine the expenses associated with selling the products and running the administrative operations of the company. This information is important for preparing the budgeted income statement, which includes all revenue and expenses for the period. The cash budget also uses information from the selling and administrative expense budget to determine the cash outflows related to these expenses. The manufacturing overhead budget pertains to the costs associated with producing the products and would not be directly related to selling and administrative expenses. The budgeted balance sheet would use information from the cash budget and other budgets to determine the company's financial position at a given point in time. The production budget would be used to determine how many units of the product are needed to be produced and would not necessarily be related to selling and administrative expenses.

Which of the Following Use Information from the Selling and Administrative