Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

Exercise 30

Before a direct materials purchases budget can be prepared, you should first
a. prepare a sales budget.
b. prepare a production budget.
c. decide on the desired ending inventory of materials.
d. obtain the expected price of each type of material.
e. do all of these.