Question 14 8.33 pts When preparing a direct materials budget, the required purchases of raw materials in units equals: O raw materials needed to meet the production schedule - desired ending inventory of raw materials - beginning inventory of raw materials. raw materials needed to meet the production schedule - desired ending inventory of raw materials + beginning inventory of raw materials. O raw materials needed to meet the production schedule + desired ending inventory of raw materials beginning inventory of raw materials. O raw materials needed to meet the prodation schedule + desired ending inventory of raw materials + beginning inventory of raw materials. Question 15 Which of the following statements is NOT correct concerning the Cash Budget? 8.33 pts The Cash Budget builds on earlier budgets and schedules as well as additional data. The Cash Budget should be prepared before the Budgeted Income Statement It is not necessary to prepare any other budgets before preparing the Cash Budget. The Cash Budget should be prepared before the Budgeted Balance Sheet