The cost of goods manufactured budget is based on the results of the direct materials purchases, direct labor, and selling and administrative expense budgets.

Name: The cost of goods manufactured budget is based on the results of the direct materials purchases, direct labor, and selling and administrative expense budgets.
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Question

Quizplus · Accepted Answer

The cost of goods manufactured budget is based on the direct materials purchases, direct labor, and manufacturing overhead budgets, not selling and administrative expenses.

The Cost of Goods Manufactured Budget Is Based on the Results