Which of the following must be prepared before the direct labor budget?
A)Budgeted income statement.
B)Merchandise purchases budget.
C)Capital expenditures budget.
D)Selling expense budget.
E)Production budget.

Question

Quizplus · Accepted Answer

The direct labor budget is a component of the production budget which must be prepared first. Therefore, the production budget must be prepared before the direct labor budget.

Which of the Following Must Be Prepared Before the Direct