After revenues are budgeted,the manufacturing manager prepares the ________ budget.

Question

Quizplus · Accepted Answer

Once revenues are budgeted, the next step is to determine how much of each product needs to be manufactured to meet the sales demand. Therefore, the manufacturing manager would prepare the production budget, which determines the quantity and timing of production for each product. Direct materials and direct labor budgets are both components of the production budget, while the cost of goods sold budget is used to determine the cost of goods sold for each product based on the production budget.

After Revenues Are Budgeted,the Manufacturing Manager Prepares the ________ Budget