Direct labor budget is prepared during planning stage before the actual production starts.
NONE
Direct labor budget tells the management that how much direct labor is required to finish the production of units.
Direct labor budget is used for controlling purpose as it tells that how much direct labor is required for specific job to be complete.
The production budget needs to be exploded into budgets for direct material, direct labor, and manufacturing overhead.
true
NONE
Direct labor budget tells the management that how much direct labor is required to finish the production of units.
Direct labor budget is used for controlling purpose as it tells that how much direct labor is required for specific job to be complete.
Production Budget
manufacturing budget is prepared after the revenue, production and direct metrical usage budget because u need the solution from the production budget
production budget
The production budget needs to be exploded into budgets for direct material, direct labor, and manufacturing overhead.
true
Direct labor budget utilized to compare the actual direct labor cost and standard cost for specific task and for controlling purpose so that if there are variances those variances could be eliminated to bring the actual cost to budgeted cost.
The sales budget is the first budget to be prepared.
a budget which is prepared for one level of activity is:
Cash Budget