Total budgeted manufacturing overhead flows to the
A)Ending inventory and cost of goods sold budget.
B)Production budget.
C)Cash budget.
D)All of these ans choices are correct.

Question

Quizplus · Accepted Answer

Total budgeted manufacturing overhead is allocated to products through the application of predetermined overhead rates based on direct labor or machine hours. This means that manufacturing overhead is included in the cost of goods manufactured, which is then used to determine the ending inventory and cost of goods sold in the ending inventory and cost of goods sold budget. It does not affect the production or cash budget directly.

Total Budgeted Manufacturing Overhead Flows to the