Identify the order in which a manufacturer would prepare the following budgets. Also note whether each budget is an operating budget or a financial budget. Select the number from 1 to 7 to indicate first to last in preparation and then select the type of budget. Order of preparation Type of budget a. Budgeted balance sheet b. Cash payments budget c. Direct materials budget d. Production budget e. Budgeted income statement f. Combined cash budget g. Sales budget