The Direct Materials-Purchased Budget

question 28

Multiple Choice

The direct materials-purchased budget:

• A) identifies the quantity of direct materials that will be used to meet production needs during the specified time period.
• B) identifies the quantity of direct materials that must be purchased to meet production needs during the specified time period.
• C) uses this formula: beginning inventory plus net purchases minus ending inventory.
• D) is equal to direct materials needed for production plus beginning inventory minus desired ending inventory.

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Definitions:

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A strategic outline prepared to manage the public perception and reputation of an individual, organization, or brand.

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