Which of the Following Best Describes a Production Budget

question 55

Multiple Choice

Which of the following best describes a production budget?

• A)A budget that is based on sales projections plus an estimate of desired ending finished goods inventory less beginning finished goods inventory..
• B)An estimate of all production costs,other than direct materials,necessary to achieve a desired level of production.
• C)A short-term budget that focuses on the daily operations of the organization.
• D)A series of budget schedules outlining the organization's plans for the upcoming period
• E)None of the answer choices is correct.

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