Asked by Katherine Marshall on May 19, 2024
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The manufacturing overhead budget lists all costs of production other than direct materials and direct labor.
Manufacturing Overhead Budget
A detailed plan showing the production costs, other than direct materials and direct labor, that will be incurred over a specified time period.
Direct Materials
Raw materials that can be directly traced to the manufacturing process of a product and are an integral part of the finished good.
Direct Labor
The cost of workers who can be easily identified with the manufacturing process of a product.
- Comprehend how direct materials, direct labor, and manufacturing overhead budgets are integrated within the master budget.
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Learning Objectives
- Comprehend how direct materials, direct labor, and manufacturing overhead budgets are integrated within the master budget.
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