What is the budget or schedule that provides necessary input data for the direct labour budget?
A) Raw materials purchases budget.
B) Production budget.
C) Schedule of cash collections.
D) Cash budget.

Question

Quizplus · Accepted Answer

The production budget provides the necessary input data for the direct labor budget, as it outlines the expected production quantities for a given period. The direct labor budget uses this information to determine the labor hours required for production and the associated labor costs. While the other options listed may impact overall budgeting and cash flow, they do not specifically provide the input data needed for the direct labor budget.

What Is the Budget or Schedule That Provides Necessary Input