The budgeted required production for May is closest to:

Which of the following budgets for a manufacturing firm indicates the quantity ( and costs ) of raw materials that must be acquired to meet production needs and ending inventory requirements ?   The capital expenditures budget The manufacturing disbursements budget The production budget The sales budget The direct materials purchases budget

Which one of the following best describes the direct material price variance? O a. The difference between the standard quantity of material used at the standard cost per unit and the actual quantity of material used at the standard direct material cost per unit O b. The difference between the budgeted material cost and direct material cost according to the unflexed budget O c. The difference between the actual direct material cost and direct material cost according to the flexed budget O d. The difference between the actual cost of the material used and the actual quantity of material used at the standard direct material cost per unit O e. The difference between the actual cost of the material used and the standard quantity of material used at the actual direct material cost per unit

2. Which of the following budgets will typically have the longest budget period? a. Capital expenditures budget b. Cash budget c. Sales budget d. Budgeted income statement