The purpose of developing the production or manufacturing budget is to forecast cash flows for the costs of goods produced.

Name: The purpose of developing the production or manufacturing budget is to forecast cash flows for the costs of goods produced.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

The production or manufacturing budget is used to plan and control the costs of producing goods. It is used to forecast the cash flows for the costs of goods produced, such as raw materials, labor, and overhead costs.

The Purpose of Developing the Production or Manufacturing Budget Is