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Which of the following is not a step in preparing the direct materials purchases budget?
futurenurse15
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Which of the following is not a step in preparing the direct materials purchases budget?
Which of the following is
not
a step in preparing the direct materials purchases budget?
▸ Calculate the required purchases by subtracting the beginning direct materials balance from the total direct materials required for the period.
▸ Calculate the direct materials production needs by multiplying the number of units to be produced by the direct material standard quantity for one unit.
▸ Calculate the total direct materials required for the period by adding the ending inventory to the direct materials production needs.
▸ Enter the budgeted sales from the sales budget.
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Managerial Accounting
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th
Author:
Davis
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Enter the budgeted sales from the sales budget.
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This helped my grade so much
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