For a manufacturing business, a production budget, including budgets for direct material, direct labour and manufacturing overhead are part of the
A) sales budgets.
B) operating budgets.
C) budgeted financial statements.
D) budgeted balance sheets.

Question

Quizplus · Accepted Answer

The production budget, along with budgets for direct material, direct labour and manufacturing overhead are all part of the operating budget for a manufacturing business. The operating budget includes all of the detailed budgets for a company's day-to-day operations, including sales, production, and other expenses.

For a Manufacturing Business, a Production Budget, Including Budgets for Direct