Which of the following represents a proper sequencing in which the budgets below are prepared?

Question

Quizplus · Accepted Answer

The correct sequence for preparing budgets starts with the Sales Budget, as it estimates the revenue expected. This is followed by the Production Budget, which determines the number of units that must be produced to meet sales needs and inventory policies. Finally, the Manufacturing Overhead Budget is prepared, which estimates the costs of production that are not directly tied to materials or labor, such as factory rent and utilities. This sequence ensures that the budgets are aligned with sales expectations and production capabilities.

Which of the Following Represents a Proper Sequencing in Which