A budget that includes indirect materials, indirect labour and other indirect manufacturing costs is
A) an overhead budget.
B) a cash budget.
C) an administrative expense budget.
D) a summary budget.

Question

Quizplus · Accepted Answer

An overhead budget includes indirect materials, indirect labour, and other indirect manufacturing costs. This budget is specifically focused on the expenses associated with running the manufacturing process and is sometimes called a factory overhead budget.

A Budget That Includes Indirect Materials, Indirect Labour and Other