Steps in the budgeting process
Listed below are eight operating budgets.In the space provided,list which of these budgets is typically prepared first,second,third,etc.
(a)________ Operating expense budget
(b)________ Budgeted income statement
(c)________ Ending finished goods forecast
(d)________ Production schedule (in units)
(e)________ Manufacturing cost estimates
(f)________ Cost of goods sold budget
(g)________ Sales forecast
(h)________ Manufacturing cost budget

Question

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The Answer of Steps in the budgeting process
Listed below are eight operating budgets.In the space provided,list which of these budgets is typically prepared first,second,third,etc.
(a)________ Operating expense budget
(b)________ Budgeted income statement
(c)________ Ending finished goods forecast
(d)________ Production schedule (in units)
(e)________ Manufacturing cost estimates
(f)________ Cost of goods sold budget
(g)________ Sales forecast
(h)________ Manufacturing cost budget

Steps in the Budgeting Process