Which of the following statements is not correct concerning the Manufacturing Overhead Budget? a. The Manufacturing Overhead Budget Provides a schedule of all costs of production other than direct materials and labor costs. b. The Manufacturing Overhead Budget Shows only the variable portion of manufacturing overhead. c. The Manufacturing Overhead Budget Shows the expected cash disbursements for manufacturing overhead. d. The Manufacturing Overhead Budget Is prepared after the sales budget.

Question

Business

Parker Small

31 December, 08:58

Which of the following statements is not correct concerning the Manufacturing Overhead Budget? a. The Manufacturing Overhead Budget Provides a schedule of all costs of production other than direct materials and labor costs. b. The Manufacturing Overhead Budget Shows only the variable portion of manufacturing overhead. c. The Manufacturing Overhead Budget Shows the expected cash disbursements for manufacturing overhead. d. The Manufacturing Overhead Budget Is prepared after the sales budget.

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Answers (1)

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Koen Herring · Answer 1

b. The Manufacturing Overhead Budget Shows only the variable portion of manufacturing overhead.

Explanation:

The manufacturing overhead budget deals with the schedule of all production cost i. e indirect cost other than the direct material and the labor cost.

It also shows the variable portion and the fixed portion of the manufacturing overhead plus it also shows the expected cash disbursement and it also prepared after the sales budget