Question: Answer all please !! 11. Understand the essentials of effective budgeting and the components of the master budget. The e-text is a good place to

Answer all please !!
Answer all please !! 11. Understand the essentials of effective budgeting and

11. Understand the essentials of effective budgeting and the components of the master budget. The e-text is a good place to review. 12. Prepare budgets for sales, production, and direct materials. Work through any examples in the e-text, as well as examples from practice questions. 13. Prepare budgets for direct labor, manufacturing overhead, and selling and administrative expenses, and a budgeted income statement. Work through any examples in the e-text, as well as examples from practice questions. 14. Prepare a cash budget, based on projected sales (both credit sales and cash sales), a historical collection pattern, projected cash disbursements, and any required minimum cash balance. Work through any examples in the e-text, as well as examples from practice questions. 15. Apply budgeting principles to nonmanufacturing (i.e. merchandising and/or service) companies. Work through any examples in the e-text, as well as examples from practice questions. Chapter 23 - Budgetary Control \& Responsibility Accounting 16. Describe budgetary control and static budget reports. Work through any examples in the e-text, as well as examples from practice questions. 17. Prepare flexible budget reports. Work through any examples in the e-text, as well as examples from practice questions

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