QUESTION 21 manager is: The variance that is most useful in assessing the the labor efficiency variance the materials quantity variance. the labor rate variance, the materials price variance. QUESTION 22 Considering the budgets of a manufacturing firm, which of the following statements The budgeted balance sheet must be prepared before the cash budget The production budget must be prepared before direct materials purchase budget The sales budget must be prepared before the cash budget. The budgeted income statement must be prepared before the budgeted balance sheet QUESTION 23 $1.000 increments and must G3 Company's cash budget for March shows cash available of $60,000 and cash payments of $83.200. maintain a minimum cash balance of $10,000. Budgeted borrowing for March will be $24,000 $94,000 $10,000 $34,000