The cost of goods sold budget requires all of the following budgets EXCEPT:

Question

Quizplus · Accepted Answer

The cost of goods sold budget includes all the costs related to producing and selling the products, such as direct materials, direct manufacturing labor, and manufacturing overhead costs. However, distribution cost budget is not included in the cost of goods sold budget, as distribution costs are related to the selling and delivery of the products, not their production.

The Cost of Goods Sold Budget Requires All of the Following