Which of the Following Does Not Use Information from the Selling

question 200

Multiple Choice

Which of the following does not use information from the selling and administrative expense budget?

• A)Manufacturing overhead budget
• B)Budgeted income statement
• C)Cash budget
• D)All of these budgets use information from the selling and administrative expense budget.

---

Definitions:

Direct Materials Cost

The expenditure on raw materials that are directly involved in the production of a good or service.

Process Cost Summary

A report detailing the costs associated with each phase of the manufacturing process, showing material, labor, and overhead expenses.

Management

The process of directing, controlling, and overseeing the operations and activities of an organization or group to achieve its objectives.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, treating them as if they were a certain number of fully completed units.