Identify each item as a component of one of the following budgets.* Each option may be used more than once, and it is possible that one or more of the options may not be used at all.
-Beginning finished goods inventory
A) Production budget
B) Direct materials purchases budget
C) Sales budget
D) Production budget and Direct materials purchases budget
E) Production budget and Sales budget
F) Direct materials purchases budget and Sales budget
G) Product budget, Direct materials purchases budget, and Sales budget
Correct Answer:
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