Question: 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

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 the above.

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